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Question Type: IMCO Question No . 1 . The real exchange rate is defined as the nominal exchange rate divided by the domestic price level

Question Type: IMCO

Question No

. 1 .

The real exchange rate is defined as

the nominal exchange rate divided by the domestic price level

the nominal exchange rate divided by the foreign price level

the nominal exchange rate divided by the ratio of the foreign price level to the domestic price level

the nominal exchange rate multiplied by the ratio of the foreign price level to the domestic price level

the nominal exchange rate multiplied by the domestic price level

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