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At the start of the year, the exchange rate was $1.285/. At the end of the year, the exchange rate is $1.346/. If U.S. inflation
- At the start of the year, the exchange rate was $1.285/. At the end of the year, the exchange rate is $1.346/. If U.S. inflation was 6% and European inflation was 3%, what has been the nominal and real change in the value of the Euro (versus the USD)?
- what has happened to European export industry competitiveness over the year? (improved or worsened)
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Essentials Of Working Capital Management
Authors: James Sagner
1st Edition
047087998X,0470916923
