Business, 02.03.2020 17:01 myleefaustin

If 5 Swiss francs trade for $1, the U. S. price level equals $1 per good, and the Swiss price level equals 2 francs per good, then the real exchange rate between Swiss goods and U. S. goods is Swiss good(s) per U. S. good.

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If 5 Swiss francs trade for $1, the U. S. price level equals $1 per good, and the Swiss price level...

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