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The U.S. real exchange rate appreciates when a U.S. basket of goods can exchange for more...

The U.S. real exchange rate appreciates when

a U.S. basket of goods can exchange for more baskets of goods from other countries.

a foreign basket of goods can exchange for more baskets of goods from the United States.

the number of dollars you need to buy a basket of foreign goods decrease.

the number of dollars you need to buy a basket of foreign goods increase.

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