If the dollar-yen exchange rate is $1 for 125 yen, then a Honda CR-V priced at 3,125,000 yen would cost a U.S. importer of such a vehicle ________.
A. $25,000
B. $21,000
C. $28,000
D. $18,000
Answer: A
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a. True b. False Indicate whether the statement is true or false
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