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Author Question: If the nominal exchange rate does not change, but U.S. prices rise, the real exchange rate has ... (Read 253 times)

Sufayan.ah

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  • Posts: 512
on: Jun 30, 2018
If the nominal exchange rate does not change, but U.S. prices rise, the real exchange rate has ________, and U.S. imports are likely to ________.
 
  A) increased; rise
  B) increased; fall
  C) decreased; rise
  D) decreased; fall

Question 2

Which of the following is NOT a feature of a common market?
 
  A) Substantial coordination of macroeconomic policies among the members
  B) Free trade in goods and services between the members
  C) Common external barriers to trade
  D) Factor mobility


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6ana001

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

C

Answer to Question 2

A


Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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