If euro's price quotation is 1,25 USD, so how much its volume quotation?
1. If euro's price quotation is 1,25 USD, so how much its volume
quotation?
2. You just return from Canada where 1 Canada dollar equal 0,7
USD. You still have 200 Canada dollar since the journey and
change them to USD, but the bank quote is 1 Canada dollar equal
0,6 USD. Next week, you will go to Mexico and you need peso.
Bank quote 1 peso equal 0,1 USD. You meet a traveler from
Mexico, he is on the way to Canada. He is willing buy your 200
Canada dollar with the price 1.300 peso. Do you accept this
suggestion ? Explain.