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The Following Table Provides Nominal Exchange Rates for the U

Question 27

Multiple Choice

The following table provides nominal exchange rates for the U.S. dollar.  Country  Foreign currency/dollar  Dollar/foreign currency  Switzerland (franc)  1.730.578 Brazil (real)  1.821.549\begin{array}{lcc}\text { Country } & \text { Foreign currency/dollar } & \text { Dollar/foreign currency } \\\text { Switzerland (franc) } & 1.730 & .578 \\\text { Brazil (real) } & 1.821 & .549\end{array} Based on these data, the nominal exchange rate equals approximately ______ reals per Swiss franc or, equivalently, ______ Swiss francs per real.


A) 1.053; 0.950
B) 0.950; 1.053
C) 0.282; 3.551
D) 3.551; 0.282

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