Suppose one U.S. dollar bought 1,000 Korean won ten years ago and 1,200 Korean won now, and the inflation rate for the last decade was 10% in the U.S. and 20% in South Korea. Assuming that real interest rates are identical across the two countries, a U.S. traveler finds that ________ in terms of purchasing power. Group of answer choices Korean won appreciates against U.S. dollar. traveling in South Korea today costs about the same as it did ten years ago. traveling in South Korea is cheaper now than it was ten years ago. traveling in South Korea is more expensive now than it was ten years ago