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The inflation rate in the US was 2 . 3 % , and in Korea, 6 . 7 % . The won ( KRW )

The inflation rate in the US was 2.3%, and in Korea, 6.7%. The won (KRW) went from 1,200 to 1,240 KRWs (one thousand...)/ USD. What would be the real value of the won measured in USDs ($US as the local or quoted currency)? How much would the won change in real terms (measured in USDs)? How do you interpret the results?

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