If a U. S. dollar purchases 4 Argentinean pesos, and a gallon of milk costs $3 in the U. S. and 6 pesos in Argentina what is the real exchange rate? a. 1 gallons of Argentinean milk/2 gallon of U. S. milk.
b. 2 gallons of Argentinean milk/1 gallon of U. S. milk.
c. 3 gallons of Argentinean milk/2 gallon of U. S. milk.
d. 2 gallons of Argentinean milk/3 gallon of U. S. milk.

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