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Munze Munze
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6 years ago
A reduction in the real exchange rate indicates that
A) foreign goods are now relatively cheaper.
B) foreign goods are now relatively more expensive.
C) domestic goods are now relatively more expensive.
D) both A and C
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Macroeconomics

Macroeconomics


Edition: 6th
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Macroeconomics, 6/E (Blanchard, Johnson)
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Munze Author
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#2
6 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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