Business, 26.10.2019 05:43 gooden839

Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 per ounce. this implies an exchange rate of $1.75 per pound. if the current market exchange rate is $1.80 per pound, how would you take advantage of this situation?

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Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 pe...