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In france a loaf of bread costs 3 euros. in great britain a loaf of bread costs 4 pounds. if the exchange rate is .9 pounds per euro, what is the real exchange rate?

In france a loaf of bread costs 3 euros. in great britain a loaf of bread costs 4 pounds. if the exchange rate is .9 pounds per euro, what is the real exchange rate?
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In france a loaf of bread costs 3 euros. in great britain a loaf of bread costs 4 pounds. if the exchange rate is .9 pounds per euro, what is the real exchange rate?

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User Will Barrett
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1 Answer

3 votes
The real exchange rate is 3 euros
answered
User Hyeonseo Yang
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