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Chako Chako
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Posts: 2948
8 years ago
A country's domestic currency's real exchange rate, q, is best described by
A) the price of the foreign basket in terms of the domestic basket.
B) the price of similar goods in the same market.
C) the price of a domestic basket.
D) the price of different goods baskets in the same market.
E) the price of the domestic basket in terms of the foreign one.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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wrote...
8 years ago
A
Chako Author
wrote...
8 years ago
Correct!
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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