If the nominal exchange rate is 12 Mexican pesos per $1

Question 9 (1 point) If the nominal exchange rate is 12 Mexican pesos per $1, a margarita that costs 36 pesos in Mexico costs --- in terms of U.S. currency. 0 $0.33 O $4 O $0.25 O $3

Question 9 (1 point) If the nominal exchange rate is 12 Mexican pesos per $1, a margarita that costs 36 pesos in Mexico costs in terms of U.S. currency. $0.33 $4 $0.25 $3