The real exchange rate showsthe amount of foreign currency, Ask an Expert

Economics

The real exchange rate shows

the amount of foreign currency needed to purchase domestic goods.

the amount of domestic currency needed to purchase foreign goods.

the rate at which foreign exchange can be purchased.

the rate at which goods and services in one country can be converted into goods and services in another country.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91696235

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