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= Question 2: Chapter 1: Foreign Exchango-Terminology Homework * Answerd - Due Dec 16th, 11:59 PM Suppose that S=$1.10/6. If the price of an item

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= Question 2: Chapter 1: Foreign Exchango-Terminology Homework * Answerd - Due Dec 16th, 11:59 PM Suppose that S=$1.10/6. If the price of an item costs $6 in the U.S, and S in Germany, what is the real exchange rate? Do not use any symbol or unit. Also, make sure to round your answers to the nearest 10000 th decimal points

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