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The Following Table Provides Nominal Exchange Rates for the U

Question 85

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The following table provides nominal exchange rates for the U.S. dollar.  Cauntry  Fareign currency/dallar  Dollar/iareimn currency  Carlada (Carudiar dollar)  1.4880.672 Mexico (peso)  9.2590.108\begin{array} { | c | c | c | } \hline \text { Cauntry } & \text { Fareign currency/dallar } & \text { Dollar/iareimn currency } \\\hline \text { Carlada (Carudiar dollar) } & 1.488 & 0.672 \\\hline \text { Mexico (peso) } & 9.259 & 0.108 \\\hline\end{array}  
Based on these data, the nominal exchange rate equals approximately ________ pesos per Canadian dollar or, equivalently, ________ Canadian dollars per peso.


A) 0.672; 1.488
B) 9.259; 0.108
C) 6.222; 0.161
D) 7.771; 0.129

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