EXCHANGE RATES THE AMOUNT OF ONE CURRENCY NEEDED TO BUY ANOTHER CURRENCY.
EXCHANGE RATES NOMINAL EX RATES:- RELATIVE PRICE OF TWO CURRENCY. REAL EX RATES:- RELATIVE PRICE OF THE GOODS OF TWO COUNTRY.IT TELLS US THE RATE AT WHICH WE CAN TRADE THE GOOD OF ONE COUNTRY FOR THE GOOD OF ANOTHER.
EXCHANGE RATES REAL EXCHANGE RATE NOMINAL EX RATE×PRICE OF DOMESTIC GOOD/PRICE OF FOREIGN GOOD
EXCHANGE RATES REAL EXCHANGE RATE AND TRADE BALANCE NX=NX(€)
EXCHANGE RATES DETERMINATION OF EXCHANGE RATE
EXCHANGE RATES DETERMINATION OF REAL EXCHANGE RATE