Author Question: If the nominal exchange rate does not change, but U.S. prices rise, the real exchange rate has ... (Read 173 times)

Sufayan.ah · **on:** Jun 30, 2018

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