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Title: Suppose the real exchange rate between U.S. goods and European goods is 0.8. Acc Post by: hscbio on Mar 2, 2016 help
Title: Re: Suppose the real exchange rate between U.S. goods and European goods is 0.8. Acc Post by: bolbol on Dec 6, 2023 The real exchange rate is the rate at which the goods of one country can be exchanged for the goods of another country. In this case, the real exchange rate between U.S. goods and European goods is 0.8. This means that one unit of European goods can be exchanged for 0.8 units of U.S. goods.
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