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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This note was uploaded on 04/22/2010 for the course ECONOMICS ECON1002 taught by Professor None during the Spring '10 term at Hong Kong Institute of Vocational Education.

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