According to the Law of One Price,if the Exchange Rate $\le$

According to the law of one price,if the exchange rate between the British pound and the dollar is $\le$ 1 = $1.50,a jacket that retails for $75 in New York should sell for _____ in London.

A) $\le$ 40
B) $\le$ 50
C) $\le$ 60
D) $\le$ 75