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Chako Chako
wrote...
Posts: 2948
8 years ago
The real exchange rate is:
A) the domestic currency divided by the price level.
B) the price of foreign goods in terms of domestic goods.
C) how much of a foreign currency you can buy with the domestic currency.
D) foreign CPI divided by the domestic CPI.
E) the price of foreign goods in dollars.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 124 times
3 Replies

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Replies
wrote...
8 years ago
B
Chako Author
wrote...
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
wrote...
8 years ago
Happy to help you!
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