If the price of a sofa is $800 in the U.S.and 2400 pesos in Argentina,and the exchange rate is 4 pesos per dollar,what is the real exchange rate?
A)3
B)4/3
C)3/4
D)None of the above is correct.

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The Answer of If the price of a sofa is $800 in the U.S.and 2400 pesos in Argentina,and the exchange rate is 4 pesos per dollar,what is the real exchange rate?
A)3
B)4/3
C)3/4
D)None of the above is correct.

If the Price of a Sofa Is $800 in the U.S.and