Find the real exchange rate in detail

Reference no: EM132149037

Question: 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. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132149037

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