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To the answer to the question of whether or not a U.S. dollar will buy more in the U.S. or in a foreign country is
To the answer to the question of whether or not a U.S. dollar will buy more in the U.S. or in a foreign country is determined by:
the nominal exchange rate.
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the real exchange rate.
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whether the nominal exchange rate is > or < than 1.
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you cannot determine the answer until you travel to the foreign country and convert U.S. dollars to the foreigncurrency.
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