If the nominal exchange rate does not change, but U.S. prices ...

[Sufayan.ah]

If the nominal exchange rate does not change, but U.S. prices rise, the real exchange rate has ________, and U.S. imports are likely to ________.
 
  A) increased; rise
  B) increased; fall
  C) decreased; rise
  D) decreased; fall

Question 2

Which of the following is NOT a feature of a common market?
 
  A) Substantial coordination of macroeconomic policies among the members
  B) Free trade in goods and services between the members
  C) Common external barriers to trade
  D) Factor mobility

[6ana001]

Answer to Question 1

C

Answer to Question 2

A

[Sufayan.ah]

Gracias!

[AngeliqueG]

Thanks for the timely response, appreciate it