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    lopapa123 Posts: 9, Reputation: 1
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    #1

    Apr 8, 2011, 10:43 AM
    Gasoline cost 1C$/liter in Canada and 0.8 US$/liter in US. Exchange rate of C$ is 0.9
    Macroeconomics helppp
    lopapa123's Avatar
    lopapa123 Posts: 9, Reputation: 1
    New Member
    		  
    #2

    Apr 8, 2011, 10:47 AM
    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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