Homework Help: econ

Posted by econ on Wednesday, May 28, 2008 at 9:29pm.

The real exchange rate between Canada and U.S. must be unity if LOOP is found held for all the
common goods that are consumed in both countries. True or false?

econ - economyst, Thursday, May 29, 2008 at 9:15am
False

I found the following power point on the web which explains.
http://www.sp.uconn.edu/~jstiver/Eco219/Lecture%20Slides/Open%20Economy%20Macroeconomics.ppt

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