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Title: Assume that the nominal exchange rate decreases by 4%. If prices (both domestic and foreign do not ... Post by: Munze on Sep 15, 2017 Assume that the nominal exchange rate decreases by 4%. If prices (both domestic and foreign do not change), we know that
A) foreign goods are now relatively cheaper. B) foreign goods are now relatively more expensive. C) domestic goods are now relatively more expensive. D) both A and C Title: Re: Assume that the nominal exchange rate decreases by 4%. If prices (both domestic and foreign do ... Post by: legendvpn on Sep 15, 2017 Content hidden
Title: Re: Assume that the nominal exchange rate decreases by 4%. If prices (both domestic and foreign do not ... Post by: Munze on Jun 26, 2018 Excellent answer!
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