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QUESTION 2 Not yet answered Marked out of 1.00 Flag questio The Table above (in Q.1) shows data for Terrania and its three trading partners

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QUESTION 2 Not yet answered Marked out of 1.00 Flag questio The Table above (in Q.1) shows data for Terrania and its three trading partners A, B, C. Assume that the real effective exchange rate index in year 1 equals 100, defining the index so that a higher number means a stronger exchange rate the value of the index in year 2 is Note: express your answer to 2 decimal places Terrania Country A Country B Country C Share of Terranian Trade 0.4 0.3 0.3 Exchange Rate (units per Terranian Kwacha) year 1 1 2 3 year 2 2 3 4 Price Level 1 1 1 year 2 1.1 1.2 1.3 year 1 1 1 Answer: QUESTION 2 Not yet answered Marked out of 1.00 Flag questio The Table above (in Q.1) shows data for Terrania and its three trading partners A, B, C. Assume that the real effective exchange rate index in year 1 equals 100, defining the index so that a higher number means a stronger exchange rate the value of the index in year 2 is Note: express your answer to 2 decimal places Terrania Country A Country B Country C Share of Terranian Trade 0.4 0.3 0.3 Exchange Rate (units per Terranian Kwacha) year 1 1 2 3 year 2 2 3 4 Price Level 1 1 1 year 2 1.1 1.2 1.3 year 1 1

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