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If Goods in Canada Cost the Same Number of Dollars

Question 85

Multiple Choice

If goods in Canada cost the same number of dollars as German goods cost in euros, the real exchange rate would be computed as how many German goods per Canadian goods?


A) one
B) the price of the Canadian goods
C) the amount of German currency that can be bought with one unit of Canadian currency
D) the amount of Canadian currency that can be bought with one unit of German currency

Correct Answer:

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