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Suppose that a certain type of suv sells for 30000 in canada but sells for 20000 in british pounds in the united kingdom. The nominal

Suppose that a certain type of suv sells for 30000 in canada but sells for 20000 in british pounds in the united kingdom. The nominal exchange rate is one canadian dollar= 0.4 british pounds

What is the real exchamge rate? (Round to 2 decimal places)

In which country is the suv cheaper?

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