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Question 10 2 pts A pair of hiking boots costs $120 in the U.S., if the real exchange rate is 6/5 and the nominal exchange

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Question 10 2 pts A pair of hiking boots costs $120 in the U.S., if the real exchange rate is 6/5 and the nominal exchange rate is 2 Brazilian reais per dollar, what is the price of the same hiking boots in Brazil? Show your work. Edit View Insert Format Tools Table 12pt v Paragraph v

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