The price of ________ in terms of ________ is referred to as the real exchange rate.
A)foreign goods; foreign services
B)domestic goods; the domestic currency
C)domestic goods; domestic services
D)domestic goods; foreign goods
E)foreign currency; domestic currency

Question

Quizplus · Accepted Answer

The real exchange rate compares the price of domestic goods to the price of foreign goods, allowing for a comparison of the relative prices of goods between countries.

The Price of ________ in Terms of ________ Is Referred

The Price of in Terms of Is Referred