Author Question: A country's domestic currency's real exchange rate, q, is best described by A) the price of ... (Read 96 times)

Diane

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A country's domestic currency's real exchange rate, q, is best described by
 
  A) the price of similar goods in the same market.
  B) the price of the domestic basket in terms of the foreign one.
  C) the price of a domestic basket.
  D) the price of the foreign basket in terms of the domestic basket.
  E) the price of different goods baskets in the same market.

Question 2

Which of the following is one of the BRIC nations?
 
  A) Indonesia
  B) Bangledesh
  C) Chile
  D) Belgium
  E) Russia



Pamela.irrgang@yahoo.com

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Answer to Question 1

D

Answer to Question 2

E



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