Problem
A. Find the price of a coffee brand in India in the local currency unit and find the price of the same coffee brand in the USA in USD.
B. Find the nominal exchange rate (local currency/USD or USD/local currency) and compute the real exchange rate in India (how many bags of coffee do you need to sell in this country in order to buy one bag of the same coffee in the US).
C. Should India promote the export or import of coffee to the US based on the real exchange rate you've computed above? Do the real data of India on the export/import of coffee support your discussion above?