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Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?

/ Economics Mcqs, Foreign Exchange / By
Suppose that a Swiss television set that costs 400 francs in Switzerland cost $200 in the United States. The exchange rate between the franc and the dollar is ?

A. 2 francs per dollar
B. 1 franc per dollar
C. $2 per franc
D. $3 per franc