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Author Question: Under a floating exchange-rate system, a country needs to pay more attention to the economic ... (Read 108 times)

Brittanyd9008

  • Hero Member
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  • Posts: 500
on: Jun 30, 2018
Under a floating exchange-rate system, a country needs to pay more attention to the economic policies of the rest of the world.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A change in the euro-dollar exchange rate from 1 per euro to 2 per euro would ____ the U.S. price of German goods, ____ the number of German goods that would be demanded in the U.S.
 a. decrease; reducing.
 b. decrease; increasing.
  c. increase; reducing.
 d. increase; increasing.


jharrington11

  • Sr. Member
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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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