RQch18 - 2.12 The value of the Swiss franc should decline...

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Ch 18 2.9 Although relative price levels (among countries) is one key factor that could affect nominal and real exchange rates, the statement might not be conclusive since in reality, numerous economic factors interact with each other to the determination of exchange rates.
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Unformatted text preview: 2.12 The value of the Swiss franc should decline relative to the value of the Polish zloty. It will take more Swiss franc to buy a Polish zloty....
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