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Please solve and explain Suppose that the nominal exchange rate for the Thai Baht is 30 Baht per US dollar. Suppose further that a Volkswagen

Please solve and explain

Suppose that the nominal exchange rate for the Thai Baht is 30 Baht per US dollar. Suppose further that a Volkswagen Golf costs 225,000 Baht in Thailand, while it costs $12,000 in the United States. What is the real exchange rate of the US$? O 0.8 O1 1.2 ONone of the above or cannot be determined from the information given

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