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European Debt Crisis PPT @ BECDOMS

European Debt Crisis PPT @ BECDOMS

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European Debt Crisis PPT @ BECDOMS
European Debt Crisis PPT @ BECDOMS

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Published by: Babasab Patil (Karrisatte) on Feb 22, 2012
Copyright:Attribution Non-commercial

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11/05/2012

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The real exchange rate is the rate at which a

person can trade the goods and services of
one country for the goods and services of
another.

The real exchange rate compares the prices of
domestic goods and foreign goods in the

domestic economy.

If a case of German beer is twice as

expensive as American beer, the real
exchange rate is 1/2 case of German beer per
case of American beer.

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