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You are the manager for an automobile manufacturer in europe. currently you are selling economy cars priced at $25,000 in the united kingdom. if the current exchange rate is $1. = .76 pound sterling (gbp), what will be the local price for the car?
a. 19,000 gbp
b. 15,000 gbp
c. 23,420 gbp
d. 44,000 gbp