This note identifies and explains the exchange rate of foreign currency translation (estimates and depreciation). The note also introduces the concept of the real exchange rate as an inflation-adjusted measure of purchasing power of the country and as a measure of competitiveness of the country. The note discusses the factors affecting the real exchange rate. The note instructed questions. "Hide
by Petra Christmann Source: Darden School of Business 6 pages. Publication Date: August 22, 2002. Prod. #: UV0976-PDF-ENG
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