An Increase in the Real Exchange Rate Indicates That

question 70

Multiple Choice

An increase in the real exchange rate indicates that

• A)domestic goods are now relatively cheaper.
• B)domestic goods are now relatively more expensive.
• C)foreign goods are now relatively cheaper.
• D)both B and C

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Definitions:

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A feature in operating systems that enables the sharing of data, resources, and files among multiple computers over a network.

Network Connections

The points of contact through which a computer communicates with other computers on a network, enabling data exchange.

Credit Card

A plastic card issued by banks or financial institutions, enabling the cardholder to borrow funds for payment to merchants or for cash advances.