

MCQOPTIONS
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1. |
The real effective exchange rate for the U.S dollar ? |
A. | reflects only the influences of merchandise or real trade on the dollar’s exchange value |
B. | reflects only transactions in the currency futures market |
C. | is the weighted average of the dollar exchange rate relative to the currencies of important U.S trading partners adjusted for inflation? |
D. | is the weighted average of the dollar exchange rate relative to the currencies of important U.S trading partners unadjusted for inflation? |
Answer» D. is the weighted average of the dollar exchange rate relative to the currencies of important U.S trading partners unadjusted for inflation? | |