A Market Basket of Goods Costs $350 in the United

A market basket of goods costs $350 in the United States and 200 pounds in the United Kingdom. According to the purchasing power parity theory, the exchange rate should move toward

A) $0.67 per British pound.
B) $1.50 per British pound.
C) $0.57 per British pound.
D) $1.75 per British pound.