An increase in the Real Effective Exchange Rate (REER) in the economy indicates/indicate which of the following?
1. Consumers in the domestic market prefer more imported goods than goods produced in the domestic economy.
2. Domestic goods are enjoying a preference in the export market.
Select the correct answer using the code given below:
An increase in the Real Effective Exchange Rate (REER) in the economy indicates/indicate which of the following?
1. Consumers in the domestic market prefer more imported goods than goods produced in the domestic economy.
2. Domestic goods are enjoying a preference in the export market.
Select the correct answer using the code given below:
Options
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