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CLP/USD .0013 in nominal currency exchange rate terms. A Big Mac costs $3.99 in the U.S. Where am I better off purchasing the Big Mac?

CLP/USD .0013 in nominal currency exchange rate terms. A Big Mac costs $3.99 in the U.S. Where am I better off purchasing the Big Mac? In Chile or in the U.S.?

I.

In the U.S.

II.

We don't have enough information to answer this question.

III.

In Chile.

IV.

In Europe because of the European Union's new tariff policies.

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