Question: Compute the changes in the U.S. trade-weighted real exchange rate from 2008 to 2009 and from 2009 to 2010. Use data on exchange rates, price

Compute the changes in the U.S. trade-weighted real exchange rate from 2008 to 2009 and from 2009 to 2010. Use data on exchange rates, price levels, and trade shares from the text Web site. What economic forces might explain the changes in the exchange rate?

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