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Katyanochek1 [597]
4 years ago
15

Good that cost one half dollar in the U.S. cost one euro in Germany, the real exchange rate would be computed as how many German

goods per U.S. goods?
Business
1 answer:
olchik [2.2K]4 years ago
3 0

Answer:

Real Exchange Rate computed as German goods per U.S. goods: 2

Explanation:

Cost in the US: 0.50 dollar

Cost in Germany: 1 euro

Real Exchange Rate: German Goods / U.S. Goods

Real Exchange Rate: 1 / 0.50 = 2

The real exchange rate measures the price of foreign goods relative to the price of domestic goods.

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Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the
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3 years ago
What is an agile MIS infrastructure?
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8 0
3 years ago
The weather station model performs the invaluable function of ____________.
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Option B                                    

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3 years ago
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Answer:

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8 0
3 years ago
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