If wages in France are 12.00 per hour, note that represents Euros,… If wages in France are €12.00 per hour, note that € represents Euros, 

If wages in France are 12.00 per hour, note that represents Euros,… If wages in France are €12.00 per hour, note that € represents Euros, and the price of paper and shoes in France areP paper = __3€____________  P shoes = ___3€_________If wages in the U.S. are $24.00 per hour and the price of paper and shoes in the US areP paper = ___$1__________  P shoes = ____$3_______   What would the exchange rate have to be for shoes to be the same price in both nations? A) 1€ = $2 B) 3€ = $1  C)1€ = $1 Business Economics Macroeconomics ECONOMIC 201 Share QuestionEmailCopy link