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Goods That Cost One Dollar in the U

Question 68

Multiple Choice

Goods that cost one dollar in the U.S.cost one euro in France,the real exchange rate would be computed as how many French goods per U.S.goods?


A) one
B) the price of the U.S.goods
C) the number of euros that can be bought with one U.S.dollar
D) None of the above is correct.

Correct Answer:

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