Foreıgn Trade Deneme Sınavı Sorusu #1396978

Which one of the following terms refers to The value of a domestic currency against foreign currencies corrected for the purchasing power?


Real foreign exchange rate

Cross foreign exchange rate

Foreign exchange rate

Domestic price

Foreign price


Yanıt Açıklaması:

Real foreign exchange rate: The value of a domestic currency against foreign currencies corrected for the purchasing power is called the real foreign exchange rate

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