If the unit of foreign currency is the peso, in which case

Last updated: 7/12/2022

If the unit of foreign currency is the peso, in which case is the real exchange rate 1.2? A. The U.S. price is $2, the foreign price is 5 pesos, and the exchange rate is 3 pesos per dollar. B. The U.S. price is $3, the foreign price is 18 pesos, and the exchange rate is 5 pesos per dollar. C. The U.S. price is $5, the foreign price is 12 pesos, and the exchange rate is 2 pesos per dollar. D. The U.S. price is $10, the foreign price is 3 pesos, and the exchange rate is 4 pesos per dollar.