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Author Question: If the price of a truck in the United States is $18,000, and the exchange rate between the dollar ... (Read 53 times)

JGIBBSON

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  • Posts: 538
on: Apr 19, 2019

Question 1

If the price of a truck in the United States is $25,000, and the exchange rate between the dollar and the euro falls from $1.50 to $1.30 per euro, then the price of the American truck in the EU will


◦ rise.
◦ fall.
◦ remain the same.
◦ be irrelevant, because the EU will impose restrictions on imports from the United States.

Question 2

If the price of a truck in the United States is $18,000, and the exchange rate between the dollar and the Argentine peso falls from 10 pesos to 8 pesos per dollar, then the price of the American truck in Argentina will


◦ rise.
◦ fall.
◦ remain the same.
◦ be irrelevant, because the Argentine government will impose restrictions on imports from the United States.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by JGIBBSON on Apr 19, 2019

ririgirl15

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JGIBBSON

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  • Posts: 538
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

steff9894

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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