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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 230 times)

Sufayan.ah

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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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Answer to Question 1

C

Answer to Question 2

A




Sufayan.ah

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


tanna.moeller

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Reply 3 on: Yesterday
:D TYSM

 

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