Question 1
Refer to the information provided in Table 33.6 below to answer the question(s) that follow.
Refer to Table 33.6. If the exchange rate is $1 = 3 euros, then
◦ the United States will import both peas and carrots.
◦ France will import both peas and carrots.
◦ the United States will import carrots and France will import peas.
◦ the United States will import peas and France will import carrots.
Question 2
Refer to the information provided in Table 33.6 below to answer the question(s) that follow.
Refer to Table 33.6. If the exchange rate is $1 = 2 euros, then
◦ the United States will import both peas and carrots.
◦ France will import both peas and carrots.
◦ the United States will import peas and France will import carrots.
◦ France will import peas.