The following table provides nominal exchange rates for the U.S. dollar.CountryForeign currency/dollarDollar/foreign currencySwitzerland(franc)1.730.578Brazil(real)1.821.549Based on these data, the nominal exchange rate equals approximately ________ reals per Swiss franc or, equivalently, ________ Swiss francs per real.

A. 3.551; 0.282
B. 0.950; 1.053
C. 0.282; 3.551
D. 1.053; 0.950


Answer: D

Economics

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