In organic chemistry, nucleophilic substitution reactions occur when a nucleophile attacks an electrophile, resulting in the replacement of a leaving group. A common example is the reaction of a haloalkane with a nucleophile. Consider the following reaction:
CH3Br + OH- → CH3OH + Br-
In this reaction, bromomethane (CH3Br) is converted into methanol (CH3OH) with the hydroxide ion (OH-) acting as the nucleophile. Which of the following statements is true regarding this reaction?