Suppose the real exchange rate is 2.4 Korean
milk per German milk. If German milk costs 8.4 Euro, and the
nominal exchange rate is 0.01 Euro per Korean won (KRW), how much
does Korean milk cost in KRW
15. Suppose the real exchange rate is 2.4 Korean milk per German milk. If German milk costs 8.4 Euro, and the nominal exchange rate is 0.01 Euro per Korean won (KRW), how much does Korean milk cost in

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