If the real exchange rates between the USD and CAD, AUD, and BRL respectively are 1.20,...
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If the real exchange rates between the USD and CAD, AUD, and BRL respectively are 1.20, 0.90, and 1.40 respectively with the percentage of trade between the US and Canada, US and Australia, and US and Brazil are 50%, 20%, and 30% respectively (assuming these are only countries on the planet!), what is the effective real exchange rate for the USD? 0.9 1.4 1.0 1.2 If the real exchange rates between the USD and CAD, AUD, and BRL respectively are 1.20, 0.90, and 1.40 respectively with the percentage of trade between the US and Canada, US and Australia, and US and Brazil are 50%, 20%, and 30% respectively (assuming these are only countries on the planet!), what is the effective real exchange rate for the USD? 0.9 1.4 1.0 1.2
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Step 1 Real effective exchange rate is based on the overall exchange rate b... View the full answer
Related Book For
Fundamentals of Electric Circuits
ISBN: 9780073301150
3rd edition
Authors: Matthew Sadiku, Charles Alexander
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