The nominal exchange rate is 30 Thai bhat for one U.S.dollar.A sub sandwich combo deal in the U.S.costs $6 dollars in the U.S.and 120 bhat in Thailand.The real exchange rate is
A)3/8
B)2/3
C)3/2
D)8/3

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The Answer of The nominal exchange rate is 30 Thai bhat for one U.S.dollar.A sub sandwich combo deal in the U.S.costs $6 dollars in the U.S.and 120 bhat in Thailand.The real exchange rate is
A)3/8
B)2/3
C)3/2
D)8/3

The Nominal Exchange Rate Is 30 Thai Bhat for One