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The Volatility of the Real Exchange Rate Is Close to the Volatility

Question 25

Multiple Choice

The volatility of the real exchange rate is close to the volatility of the nominal exchange rate because:


A) the real exchange rate takes into account domestic prices only
B) the real exchange rate takes into account foreign prices only
C) the volatility of domestic prices is counterbalanced by the volatility of foreign prices
D) prices are not highly volatile

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