If you were told that the exchange rate was 1.2 Canadian dollars per U.S. dollar, a watch that costs $12 US dollars would cost $8.5 Canadian dollars. $10 Canadian dollars. $12.20 Canadian dollars. $14.40 Canadian dollars. Question 3 (1 point)
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You want to exchange 60 dollars Canadian dollars into United States dollars. The exchange rate is 1.466 Canadian dollars per United States dollar on the day you exchange the money. How many United States dollars will you get? F. 41 dollars G. 46 dollars H. 131 dollars J. 221 dollars
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Suppose that the current Canadian dollar (CAD) to U.S. dollar exchange rate is $0.85 CAD = $1 US and that the U.S. dollar price of an Apple iPhone is $300. What is the Canadian dollar price of an iPhone? Next, suppose that the CAD to U.S. dollar exchange rate moves to $0.96 CAD = $1 US. What is the new Canadian dollar price of an iPhone? Other things equal, would you expect Canada to import more or fewer iPhones at the new exchange rate?
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Suppose the exchange rate was US$0.82 for each Canadian dollar. What is the price in Canadian dollars of a flight to Florida costing US$266.00?
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