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huda huda
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5 years ago
A rise in the nominal exchange rate ($/) represents a depreciation of the dollar relative to the euro, but a rise in the real exchange rate ($/) represent an appreciation of the dollar. Explain why this is true.
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International Economics

International Economics


Edition: 7th
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Slipknot_137Slipknot_137
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huda Author
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5 years ago
Thanks
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