Choose the Correct Statements

Choose the correct statements. 1.The exchange rate is the value of the Canadian dollar expressed in units of foreign currency per Canadian doll
2.The real exchange rate is the relative price of Canadian- produced goods and services to foreign- produced goo and services.
3.The exchange rate is a measure of the quantity of the real GDP of other countries that a unit of Canadian real G buys.
4.The exchange rate is the relative price of Canadian- produced goods and services to foreign- produced goods a services.

A) Statements 1 and 3 are correct.
B) Statements 3 and 4 are correct.
C) Statements 2 and 4 are correct.
D) Statements 1 and 2 are correct.
E) Statements 2 and 3 are correct.