Suppose the nominal exchange rate between Australia and Japan is 85 Yen per AUD and an identical basket of goods costs 50 AUD in Australia and 3000 Yen in japan. Which currency is overvalued and what does this imply? O The AUD is overvalued relative to the Yen, which implies that goods are more expensive in Australia compared to japan O The Yen is overvalued relative to the AUD, which implies that goods are less expensive in Japan compared to Australia, O Neither currency is overvalued. The Yen is overvalued relative to the AUD, which implies that goods are more expensive in Japan compared to Australia, O The AUD is overvalued relative to the Yen, which implies that goods are less expensive in Australia compared to japan