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Exchange Rates: Nominal and Real
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Problem 9
Problem 10
Exchange Rates: Nominal and Real
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23. Exchange Rates / Exchange Rates: Nominal and Real / Problem 9
Problem 9
How does a stronger domestic currency affect the ability to purchase foreign goods?
A
It makes foreign goods more expensive.
B
It has no effect on the ability to purchase foreign goods.
C
It increases the ability to purchase foreign goods.
D
It decreases the ability to purchase foreign goods.
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