if we set the real effective exchange rate index between canada and the united states equal to 100 in 1998, and find that the u.s. dollar has risen to a value of 112.6, then from a competitive perspective the u.s. dollar is: a) overvalued. b) undervalued. c) very competitive. d) there is not enough information to answer this question. group of answer choices a

Respuesta :

If we set the actual effective exchange fee index among Canada and America identical to one hundred in 1998, and locate that the u.s. dollar has risen to a cost of 112.6, then from a competitive angle the u.s. dollar is a) overvalued.

An overvalued way is a set cost of (something, specifically a currency) at too excessive a level. An overvalued inventory might also additionally nevertheless be terrific funding if the organization has a robust destiny outlook and is hoping to develop income rapidly. An undervalued inventory might not be terrific funding if the organization has a susceptible destiny outlook and is anticipated to reject income. Overvalued is because of a bad perception of one's abilities or lifestyle.

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