Compute the changes in the U.S. trade-weighted real exchange rate from 2008 to 2009 and from 2009
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Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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The real tradeweighted exchange rate is calculated by multiplying the percent of US trade with a par...View the full answer
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