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The nominal exchange rate is the price of one currency in terms of another currency. A nominal exchange rate species howI many units of one country's currency are needed to buy one unit of another country's currency. Suppose the following table presents nominal exchange rate data for June 13, 20-19, in terms of U.S. dollars per unit of foreign currency. Use the information in the table to answer the questions that follow. Cost of One Unit of Foreign Currency Foreign Currency (Dollars) Brazilian real (BRL) 0.5148 Canadian dollar (CAD) 0.9213 Euro (EUR) 1.345;!r Japanese yen (JPY) 0.003226 Mexican peso (MXN) 0.0926 United Kingdom pound (GBP) 1.9695 Suppose that on June 13, 2019, a marble statue handmade in Canada is priced at CAD 1,700. The approximate U.S. dollar price of the statue would be V . If the nominal exchange rate for the U.S. dollar-euro rises from $1.345? to $1.54?555 p-er euro, the euro V in value, or V , relative to the U.S. dollar