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Economics
MEDIUM
ENGLISH
Economics
The real effective exchange rate for the U.S dollar ?
A
reflects only the influences of merchandise or real trade on the dollar’s exchange value
Option A
B
reflects only transactions in the currency futures market
Option B
is the weighted average of the dollar exchange rate relative to the currencies of important U.S trading partners adjusted for inflation?
Correct answer
D
is the weighted average of the dollar exchange rate relative to the currencies of important U.S trading partners unadjusted for inflation?
Option D
Correct answer: C
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