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emoji emoji
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6 years ago
When a country's real exchange rate appreciates
A) its nominal exchange rate must also have appreciated.
B) its nominal exchange rate must have depreciated.
C) it can trade its goods for fewer units of foreign goods.
D) it can trade its goods for more units of foreign goods.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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emoji Author
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6 years ago
Good timing, thanks!
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this is exactly what I needed
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2 hours ago
Correct Slight Smile TY
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