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    International Economics
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    Exam 16: Price Levels and the Exchange Rate in the Long Run
  5. Question
    What Is the Real Exchange Rate Between the Dollar and the Euro
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What Is the Real Exchange Rate Between the Dollar and the Euro

Question 27

Question 27

Essay

What is the real exchange rate between the dollar and the euro equal to?

Correct Answer:

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Let
∙ Real dollar/euro exchange rate = blured image ...

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