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AkuAku AkuAku
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Posts: 325
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5 years ago
Assume the United States is the "domestic" country and China is the "foreign" country.  Which of the following might increase the real exchange rate between the United States and China?
A) an appreciation of the yuan
B) a depreciation of the dollar
C) an increase in the price level in the United States
D) an increase in the price Answer:  China
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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JSifuentes17JSifuentes17
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Posts: 175
5 years ago
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