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Ashurbanipal Ashurbanipal
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A year ago
When the ratio of domestic prices to foreign prices rises, ________.

▸ the real exchange rate depreciates

▸ the real exchange rate appreciates only when the nominal exchange rate appreciates

▸ the real exchange rate appreciates even when the nominal exchange rate is constant

▸ the real exchange rate appreciates only when the nominal exchange rate depreciates
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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navgilnavgil
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A year ago
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Ashurbanipal Author
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Thanks for your help!!
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This helped my grade so much Perfect
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