Coffee grown in Guatemala is priced at 28 Guatemalan quetzal per pound (Guatemalan quetzal, or GTO, is the currency of Guatemala). Comparable coffee grown in the US. is priced at $3.10 per pound. One Guatemalan quetzal trades for $0.14 in the foreign exchange market. Find the real exchange rate from the perspective of the United States and from the perspective of Guatemala, and determine which country's coffee is more competitively priced? Instructions: Enter your responses rounded to two decimal places. Real exchange rate from the perspective of the US. is m . Real exchange rate from the perspective of Guatemala is |