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Author Question: The United States and China have significant trade with each other. Which of the following is true? (Read 131 times)

javeds

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Question 1

If exchange rates are fixed, then a decrease in Finland's export prices causes


◦ U.S. import prices to fall.
◦ U.S. import prices to rise.
◦ Finland's import prices to fall.
◦ Finland's import prices to rise.

Question 2

The United States and China have significant trade with each other. Which of the following is 
true?


◦ U.S. prices increase ⇒ U.S. exports increase ⇒ Chinese prices increase
◦ U.S. prices decrease ⇒ U.S. exports increase ⇒ Chinese prices increase
◦ U.S. prices decrease ⇒ U.S. imports decrease ⇒ Chinese prices decrease
◦ U.S. prices increase ⇒ U.S. imports increase ⇒ Chinese prices decrease


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Marked as best answer by javeds on Apr 19, 2019

jaaaaaaa

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jaaaaaaa

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