If the real exchange rate for coal is 1.5,the price of coal in the U.S.is $50 per ton,and the price of coal in Britain is 20 British pounds per ton,what is the nominal exchange rate?
A)15/4
B)5/3
C)3/5
D)4/15

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The Answer of If the real exchange rate for coal is 1.5,the price of coal in the U.S.is $50 per ton,and the price of coal in Britain is 20 British pounds per ton,what is the nominal exchange rate?
A)15/4
B)5/3
C)3/5
D)4/15

If the Real Exchange Rate for Coal Is 1