Explain how nominal exchange rate affects real exchange rate.

When you write an exchange rate in terms of how many units of a foreign currency it takes to buy one US dollar, we call that: a)a direct quote b) the real price c) an indirect quote d) a depreciation

If the nominal exchange rate e is foreign currency per dollar, the domestic price is P, and the foreign price is P*, what is the definition of the real exchange rate?

What is the difference between independent floating, managed floating, and fixed exchange rate systems?

What happens to the exchange rate of a country’s currency when that country experiences high levels of inflation for an extended period of time? How will it affect the flow of that country’s currency in and out of the country? Explain your answers.

So, what has happened to the USD-EUR exchange rate over the past year or two?  Can you tell anything about what you would do from looking at the trends?  Has the USD appreciated or depreciated vs. the EUR

How can a country fix its exchange rate to another? Is it sustainable for them to maintain it fixed?

What determines the real exchange rate and what determines the nominal exchange rate in a small open economy with perfect capital mobility, fully employed factors of production, and flexible prices?

The Purchasing Power Parity Theory' came into prominence in 1916 through the writings of А. J.M.Кeynes В. L.E.Von Miser Gustav Cassel C. D. F.A.von Hayek

Give an example of how a change in the exchange rate alters the relative price of domestic goods in terms of foreign goods.