Question 46 The nominal exchange rate: Answer a. Is the amount of one country’s goods that could be obtained with the same goods of another country b. Is a synonymous term for the swap rate c. Is the rate that one can exchange the currency of one country for the currency of another country d. Is always expressed as units of a foreign currency per U.S. dollar

Question 46
The nominal exchange rate:
Answer
a. Is the amount of one country’s goods that could be obtained with the same goods of another country
b. Is a synonymous term for the swap rate
c. Is the rate that one can exchange the currency of one country for the currency of another country
d. Is always expressed as units of a foreign currency per U.S. dollar

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