What is the real exchange rate, and why are changes in it more important in macroeconomic analyses

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What is the "real" exchange rate, and why are changes in it more important in macroeconomic analyses than changes in the nominal exchange rate?

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Managing in a Global Economy Demystifying International Macroeconomics

ISBN: 978-1285055428

2nd edition

Authors: John E. Marthinsen

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Question Posted: Mar 09, 2016 06:50 AM

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What is the real exchange rate, and why are changes in it more important in macroeconomic analyses

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Managing in a Global Economy Demystifying International Macroeconomics

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