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Question 13 Not yet answered Marked out of 1.00 P Flag question Suppose an American car is priced at USD $8000 and a Japanese car
Question 13 Not yet answered Marked out of 1.00 P Flag question Suppose an American car is priced at USD $8000 and a Japanese car is priced at JPY 160,000. The nominal exchange rate, E, defined as Japanese yen per U.S. dollar, is 100, i.e, JPY 100 will trade for USD 1 in the foreign exchange market. Then the real exchange rate is o a. 1/2 6.13 O C.3 O d. more information is need to answer this
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