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Munze Munze
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Posts: 996
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5 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
Textbook 

Macroeconomics


Edition: 6th
Authors:
Read 60 times
2 Replies
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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5 years ago
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B
1

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Munze Author
wrote...
4 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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