If the exchange rate between the Mexican peso and the U.S. dollar expressed in terms of pesos per dollar is 13.5 pesos = 1 dollar, what is the exchange rate when expresses in terms of dollars per peso?
What will be an ideal response?
If 13.5 pesos = 1 dollar, then 1 peso = 1 / 13.5 = 0.074 dollars.
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