If you were told the nominal exchange rate between, Business Management

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If you were told the nominal exchange rate between

If you were told the nominal exchange rate between Brazilian real and the US dollar is 1 real to 0.39 dollars, find the real exchange rate if you know the market basked of goods in the US is $95 and for the same basket of goods and services is was 200 reals in Brazil.

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Business Management: If you were told the nominal exchange rate between

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Business Management: If you were told the nominal exchange rate between

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