Multiple Choice
If US goods cost one dollar for each euro German goods costs,the real exchange rate would be computed as how many German goods per U.S.goods?
A) one
B) the price of the U.S.goods
C) the amount of euros that can be bought with one unit of U.S.currency
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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