The Figure Below Shows the Demand (D) and Supply (S)

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-If the price of an ounce of gold is 200 ZARs in South Africa and $75 in Canada, what will be the South African Rand (ZAR) per Canadian dollar (C$) exchange rate?

A) C$1 = 4.25 ZAR
B) C$1 = 1.75 ZAR
C) C$1 = 2 ZAR
D) C$1 = 2.67 ZAR
E) C$1 = 4 ZAR