Suppose the Nominal Exchange Rate Between the Japanese Yen and the UK

Multiple Choice

Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Further, suppose that a kilogram of rice costs £2 in the UK and 250 yen in Japan. What is the real exchange rate between Japan and the UK?

A) 0.5 kilograms of Japanese rice per kilogram of UK rice
B) 0.8 kilograms of Japanese rice per kilogram of UK rice
C) 1.25 kilograms of Japanese rice per kilogram of UK rice
D) 2.5 kilograms of Japanese rice per kilogram of UK rice
E) none of these answers