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Business, 06.11.2019 23:31 ndurairajownkpq

Apen costs £50 in britain. an identical pen costs $70 in the united states when the exchange rate is £1 = $1.50. which of the following is correct? multiple choice
a. a trader can make money by buying the pen in britain and selling it in the united states at $70.
b. the deal is the same in both countries.
c. britain offers a better deal.
d. the u. s. offers a better deal.

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Apen costs £50 in britain. an identical pen costs $70 in the united states when the exchange rate is...

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