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    Exam 15: International and Balance of Payments Issues in the Macro Economy
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    The Difference Between Nominal and Real Exchange Rates Is
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The Difference Between Nominal and Real Exchange Rates Is

Question 70

Question 70

Multiple Choice

The difference between nominal and real exchange rates is:


A) absolute prices.
B) foreign prices.
C) domestic prices.
D) ratio of domestic prices to foreign prices.

Correct Answer:

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