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The Following Table Provides Nominal Exchange Rates for the U

Question 14

Multiple Choice

The following table provides nominal exchange rates for the U.S. dollar. \multicolumn1c Cauntry  Fareign currency/dallar  Dollar/foreimn currency  Bwitzerlard (frarc)  1.7300.578 Brazil (real)  1.8210.549\begin{array} { | c | c | c | } \hline \multicolumn{1}{|c|} { \text { Cauntry } } & \text { Fareign currency/dallar } & \text { Dollar/foreimn currency } \\\hline \text { Bwitzerlard (frarc) } & 1.730 & 0.578 \\\hline \text { Brazil (real) } & 1.821 & 0.549 \\\hline\end{array}  
Based on these data, the nominal exchange rate equals approximately ________ reals per Swiss franc or, equivalently, ________ Swiss francs per real.


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

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