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Author Question: If the price of a car in the United States is $22,000, and the exchange rate between the dollar and ... (Read 113 times)

tfester

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on: Apr 19, 2019

Question 1

If the price of a car in the United States is $26,000, and the exchange rate between the dollar and the British pound rises from $1.50 to $2.00 per pound, then the price of the American car in Britain will


◦ fall.
◦ rise.
◦ remain the same.
◦ be irrelevant, because the British government will impose restrictions on imports from the United States.

Question 2

If the price of a car in the United States is $22,000, and the exchange rate between the dollar and the Japanese yen falls from 125 yen to 105 yen per dollar, then the price of the American car in Japan will


◦ fall.
◦ rise.
◦ remain the same.
◦ be irrelevant, because the Japanese government will impose restrictions on imports from the United States.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by tfester on Apr 19, 2019

sierramartinez

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tfester

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
Wow, this really help

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