If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos (Mexico’s currency) per dollar
What is the nominal exchange rate from the U.S. perspective If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos (Mexico’s currency) per dollar, what is the nominal exchange rate from the U.S. perspective? Round to two decimal places and do not … Read more