How many euros are required to buy

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1. If $2 buys £1 and 2.2 buys £1, how many euros are required to buy $1?

2. A student makes the following observation: "During May 2010, the euro depreciated sharply against the U.S. dollar. That was good news for attendance at Disneyland Paris and bad news for attendance at Walt Disney World in Orlando, Florida." Briefly explain whether you agree with the student.

Reference no: EM131305212

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