Question: If we set the real effective exchange rate index between Canada and the United States equal to 100 in 1998, and find that the US

 If we set the real effective exchange rate index between Canada

If we set the real effective exchange rate index between Canada and the United States equal to 100 in 1998, and find that the US dollar has risen to a value of 1126, then from a competitive perspective the U.S. dollar is. O A. very competitive B. undervalued OC. overvalued OD. There is not enough information to answer this

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