Foreıgn Trade Deneme Sınavı Sorusu #1405529

Which of the followings refers to the value of a domestic currency against foreign currencies corrected for the purchasing power.


Cross foreign exchange rate.

Foreign exchange rate.

Real foreign exchange rate.

Spot exchange rate.

 Long run equilibrium exchange rate.


Yanıt Açıklaması:

The value of a domestic currency against foreign currencies corrected for the purchasing power is called the real foreign exchange rate. Therefore, the correct option is C.

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