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If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos (Mexico’s currency) per dollar, what is the nominal exchange rate from the U.S. perspective?
If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos (Mexico’s currency) per dollar, what is the nominal exchange rate from the U.S. perspective?
Posted by:Shadrack
Posted on:Apr 26,2023
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ASSIGNMENT If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos (Mexico's currency)
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