If the real exchange rate is greater than 1,foreign goods:
A) and domestic goods are both relatively cheap.
B) are relatively expensive and domestic goods are relatively cheap.
C) are relatively cheap and domestic goods are relatively expensive.
D) and domestic goods are both relatively expensive.
E) None of the above is correct.
Correct Answer:
Verified
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A) 
Q26: In the long run,the nominal exchange rate:
A)is
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A)The
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A)
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