The Real Exchange Rate Is Defined to Be The

Multiple Choice

The real exchange rate is defined to be the:

A) value of goods in one nation relative to the value a similar set of goods in another country.
B) rate people exchange goods and services in a domestic market.
C) rate at which firms in different nations would be willing to exchange goods.
D) value of goods in one nation relative to the value the same set of goods in another country.