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-   -   Gasoline cost 1C$/liter in Canada and 0.8 US$/liter in US. Exchange rate of C$ is 0.9 (https://www.askmehelpdesk.com/showthread.php?t=568859)

  • Apr 8, 2011, 10:43 AM
    lopapa123
    Gasoline cost 1C$/liter in Canada and 0.8 US$/liter in US. Exchange rate of C$ is 0.9
    Macroeconomics helppp
  • Apr 8, 2011, 10:47 AM
    lopapa123
    Sorry this is the whole question:

    Gasoline cost 1C$/liter in Canada and 0.8 US$/liter in US. Exchange rate of C$ is 0.9 US$/C$. What is real exchange rate of Canadian goods? Where would you prefer to buy gasoline from?

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