Goods prices tend to adjust more quickly than exchange rates.

Name: Goods prices tend to adjust more quickly than exchange rates.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Exchange rates can fluctuate rapidly, often within seconds, due to factors like market speculation, economic data releases, and geopolitical events, whereas goods prices tend to adjust more slowly due to factors like production costs, contracts, and physical distribution constraints.

Goods Prices Tend to Adjust More Quickly Than Exchange Rates