Author Question: If the goods' money prices do not change, an appreciation of the dollar against the pound A) ... (Read 137 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
If the goods' money prices do not change, an appreciation of the dollar against the pound
 
  A) makes British sweaters cheaper in terms of American jeans.
  B) makes British sweaters more expensive in terms of American jeans.
  C) doesn't change the relative price of sweaters and jeans.
  D) makes American jeans cheaper in terms of British sweaters.
  E) makes British jeans more expensive in Britain.

Question 2

Technology transfer comes only from nations importing new capital goods in the current account.
 
  Indicate whether the statement is true or false



mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

A

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library