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Question
If an item costs 4 Euros in Germany, assuming purchasing power parity with current exchange rates of $1.3135/€, what is the price of the item in the U.S.?a. $0.33
b. $5.25
c. $3.05
d. $4.00
e. €4.00
Answer
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Related questions
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In recent years, know-your-clients (KYC) is required by international financial regulators. In the U.S., what is the act that requires financial institutions to share information about customer identities with appropriate government agencies?
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c. The 9/11 Act
d. The U.S. Treasury Department Act
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