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pls give explanations thank you! 44 Germany has a higher rate of inflation than Japan. The nominal exchange rate is constant Germany experiences an increase
pls give explanations thank you!
44 Germany has a higher rate of inflation than Japan. The nominal exchange rate is constant Germany experiences an increase in its real exchange rate*- B)Japan experiences an increase in its real exchange rate* Germany experiences a decrease in its real exchange rate+- D) German goods are cheaper now locallyStep by Step Solution
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