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You are planning on taking a vacation with the 54.100 you have in savings. Youve narrowed it down to two locations. An all-i
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Answer #1

We should go to the place which costs less

Cost to Mexico is 90200 pesos

Exchange rate is 0.05

Cost in dollars = 90200×0.05 = 4510

Cost to Brazil is 12274 real

Exchange rate is 0.29

Cost in dollars = 12274×0.29 = 3559

So cost to Brazil is less and there is no qualitative difference we should go to Brazil

So option 3 is correct

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