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Business, 26.08.2020 16:01 bellamyciana

In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exchange rate is 2 Australian dollars per Irish pound, what is the real exchange rate from the Irish perspective?

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In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian...

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