Why dont the local prices of restaurant meals, haircuts, and gardening services affect a countrys exchange rate?

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Why don’t the local prices of restaurant meals, haircuts, and gardening services affect a country’s exchange rate?

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The Economics of Public Issues

ISBN: 978-0134018973

19th edition

Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North

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Question Posted: Oct 20, 2018 08:10 AM

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Why dont the local prices of restaurant meals, haircuts, and gardening services affect a countrys exchange rate?

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Only goods traded internationally give rise to d...View the full answer

The Economics of Public Issues

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