The Nominal Exchange Rate Between the U

question 108

Multiple Choice

The nominal exchange rate between the U.S. dollar and the Croatian kuna is the:

• A) number of kuna you can get for one dollar.
• B) number of kuna you can get for lending one dollar in Croatia for one year.
• C) price of U.S. goods divided by the price of Croatian goods.
• D) price of Croatian goods divided by the price of U.S. goods.
• E) ratio of per capita U.S. GDP to Croatian per capita GDP.

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