Author Question: If the goods' money prices do not change, an appreciation of the dollar against the pound A) ... (Read 105 times)

Evvie72

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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

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Answer to Question 1

A

Answer to Question 2

FALSE



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