Other Things the Same,the Real Exchange Rate Between American and Chinese

question 1

Multiple Choice

Other things the same,the real exchange rate between American and Chinese goods would be higher if

• A)prices of Chinese goods were higher,or the number of yuan a dollar purchased was higher.
• B)prices of Chinese goods were higher,or the number of yuan a dollar purchased was lower.
• C)prices of Chinese goods were lower,or the number of yuan a dollar purchased was higher.
• D)prices of Chinese goods were lower,or the number of yuan a dollar purchased was lower.