Author Question: If the goods' money prices do not change, an appreciation of the dollar against the pound A) ... (Read 143 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
If the goods' money prices do not change, an appreciation of the dollar against the pound
 
  A) makes British sweaters cheaper in terms of American jeans.
  B) makes British sweaters more expensive in terms of American jeans.
  C) doesn't change the relative price of sweaters and jeans.
  D) makes American jeans cheaper in terms of British sweaters.
  E) makes British jeans more expensive in Britain.

Question 2

Technology transfer comes only from nations importing new capital goods in the current account.
 
  Indicate whether the statement is true or false



mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

A

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library