The following table provides nominal exchange rates for the U.S. dollar.CountryForeign currency/dollarDollar/foreign currencyCanada (Canadian dollar)1.4880.672Mexico (peso)9.2590.108 Based on these data, the nominal exchange rate equals approximately ________ pesos per Canadian dollar or, equivalently, ________ Canadian dollars per peso.
A. 9.259; 0.108
B. 6.222; 0.161
C. 0.672; 1.488
D. 7.771; 0.129
Answer: B
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