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Author Question: The real exchange rate is defined as A) the market exchange rate adjusted for price differences. ... (Read 261 times)

futuristic

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on: Jun 30, 2018
The real exchange rate is defined as
 
  A) the market exchange rate adjusted for price differences.
  B) the purchasing power parity exchange rate.
  C) the exchange rate that causes interest parity to hold.
  D) the exchange rate that exists in major currency centers.

Question 2

Which of the following is true?
 
  A) A common market is more deeply integrated than a customs union.
  B) The European Union is a shallower and broader form of integration than NAFTA.
  C) NAFTA is an example of a customs union.
  D) Customs unions require the creation of a common currency.


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patma1981

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


futuristic

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Reply #2 on: Jun 30, 2018
Thank you :)


patma1981

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Reply #3 on: Jun 30, 2018
Happy to help you


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