The Real Exchange Rate Is Defined to Be The

question 77

Multiple Choice

The real exchange rate is defined to be the:

• A) value of goods in one nation relative to the value a similar set of goods in another country.
• B) rate people exchange goods and services in a domestic market.
• C) rate at which firms in different nations would be willing to exchange goods.
• D) value of goods in one nation relative to the value the same set of goods in another country.

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