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Can I get some detailed explanation and answer for this question? Trade weighted exchange rate.The spreadsheet Trade Weighted Exchange Rate has trade shares for the
Can I get some detailed explanation and answer for this question?
Trade weighted exchange rate.The spreadsheet Trade Weighted Exchange Rate has trade shares for the 8 largest US trading partners and their exchange rates in 2010 and 2021 (made up).Calculate an index of the trade weighted exchange rate, using these numbers, with base = 100 in 2010 for 2010 and 2021.Use Excel, don't calculate by hand.
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