This topic contains a solution. Click here to go to the answer

Author Question: Holding nominal exchange rates constant, if inflation in Europe exceeds inflation in the United ... (Read 120 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Holding nominal exchange rates constant, if inflation in Europe exceeds inflation in the United States,
 
  A) the real exchange rate (/) will rise, and the euro will buy more in the U.S.
  B) the real exchange rate (/) will rise, and the euro will buy less in the U.S.
  C) the real exchange rate (/) will fall, and the euro will buy more in the U.S.
  D) the real exchange rate (/) will fall, and the euro will buy less in the U.S.

Question 2

The United States is an example of
 
  A) a customs union.
  B) a free trade area.
  C) an economic union.
  D) a common market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ally

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

A

Answer to Question 2

C




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
:D TYSM


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library