In which city is hotel room cheaper and by how much
Suppose the Canadian dollar (C$) price of one British pound is C$2.12. A hotel room in London costs 120 pounds, while a similar hotel room in Toronto costs C$250. In which city is the hotel room cheaper, and by how much?
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Why would the country (for example China) select to keep their currency relatively pegged to U.S. dollar? I
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A hotel room in London costs 120 pounds, while the similar hotel room in Toronto costs C$250. In which city is hotel room cheaper, and by how much?
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