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Author Question: At this point, potential gains from further tariff reductions worldwide are A) still very large. ... (Read 118 times)

jasdeep_brar

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on: Jun 30, 2018
At this point, potential gains from further tariff reductions worldwide are
 
  A) still very large.
  B) equal to zero.
  C) relatively small.
  D) not worth the cost of negotiations.

Question 2

Suppose that the U.S. Open ticket costs 100 and the British Open ticket costs 50 and the exchange rate is 1.43. How much does the British Open ticket cost for an American attending the British Open?
 
  What will be an ideal response?


aidanmbrowne

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

1.43  50 = 71.50


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