Referring to Figure 19.1, U.S. goods will become more expensive ...

[renzo156]

Referring to Figure 19.1, U.S. goods will become more expensive in Mexico if the exchange rate goes from ________ to ________ pesos to the dollar.
 
  A) 13; 11 B) 12; 13 C) 12; 11 D) 14; 10

Question 2

Encouraging international trade will
 
  A) slow economic growth as many workers lose their jobs to foreign workers.
  B) speed economic growth as workers specialize and trade with others.
  C) speed economic growth because international trade limits the harm done by property rights.
  D) slow economic growth when a country is forced to specialize and trade with other countries.
  E) speed economic growth as workers diversify their knowledge and limit trade.

[Anonymous]

Answer to Question 1

B

Answer to Question 2

B