If 5 Swiss Francs Trade for $1,the U

question 11

Multiple Choice

If 5 Swiss francs trade for $1,the U.S.price level equals $1 per good,and the Canadian price level equals 2 francs per good,then the real exchange rate between Swiss goods and Canadian goods is ______ Swiss goods per Canadian good.

• A) 0.5
• B) 2.5
• C) 5
• D) 10

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