If the price of British pounds in terms of U.S. dollars is $1.80 per pound, then the price of U.S. dollars in terms of British pounds is:
A. 1.80£ per dollar.
B. 0.555£ per dollar.
C. 0.90£ per dollar.
D. 3.60£ per dollar.
Answer:B
If the price of British pounds in terms of U.S. dollars is $1.80 per pound, then the price of U.S. dollars in terms of British pounds is:
A. 1.80£ per dollar. B. 0.555£ per dollar. C. 0.90£ per dollar. D. 3.60£ per dollar.