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If the cost of a typical basket of goods in Canada is $100 and in China it is 500 yuan, and the nominal exchange rate

If the cost of a typical basket of goods in Canada is $100 and in China it is 500 yuan, and the nominal exchange rate is 10 yuan per dollar, what is the real exchange rate? Question 13 Select one: a. 1. cross out b. 2. cross out c. 3. cross out d. 4

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