If the real exchange rate between the Canada and U.S. is 1, then O purchasing-power parity holds, and 1 U.S. dollar buys 1 Canadian dollar. O purchasing-power parity holds, and the amount of dollars needed to buy goods in the U.S. is the same as the amount needed to buy enough Canadian dollars to buy the same goods in Canada. O purchasing-power parity does not hold, but 1 U.S. dollar buys 1 Canadian dollar. O purchasing-power parity does not hold, but the amount of dollars needed to buy goods in the U.S. is the same as the amount needed to buy enough Canadian dollars to buy the same goods in Canada. Question 31 1 pts The nominal exchange rate is about 3 Aruban florin per dollar. If a basket of goods in the United States costs $20, how many florins must a basket of goods in Aruba cost for purchasing-power parity to hold? O 20 florin 40 florin 60 florin O 80 florin