If absolute PPP held, then the real exchange rate must be equal ...

[hbsimmons88]

If absolute PPP held, then the real exchange rate must be equal to
 
  A) a constant.
  B) one.
  C) zero.
  D) a positive number.

Question 2

The U.S. factor of production that is most likely to be made worse off because of NAFTA (because its factor payment will fall) is
 
  A) unskilled labor.
  B) skilled labor
  C) capital
  D) All of the above will be made worse off.

[SomethingSomething]

Answer to Question 1

B

Answer to Question 2

A

[hbsimmons88]

YES! Correct, THANKS for helping me on my review

[triiciiaa]

Thanks for the timely response, appreciate it