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If the Unit of Foreign Currency Is the Peso,in Which

Question 75

Multiple Choice

If the unit of foreign currency is the peso,in which case is the real exchange rate 1.2?


A) the U.S.price is $2,the foreign price is 5 pesos,and the exchange rate is 3 pesos per dollar.
B) the U.S.price is $3,the foreign price is 18 pesos,and the exchange rate is 5 pesos per dollar.
C) the U.S.price is $5,the foreign price 12 pesos,and the exchange rate is 2 pesos per dollar.
D) the U.S.price is $10,the foreign price is 3 pesos,and the exchange rate is 4 pesos per dollar.

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