Homework Answers
The correct answer is option c, because it is true that in such a situation, the domestic currency should be stronger in comparison to the foreign country. This would mean that the domestic rate of inflation is lower because the currency is stonger in comparison to the foreign country.
Option A is incorrect because if the domestic currency were to be weaker, then the inflation rate would be higher. Option B, D and E are wrong as they do not relate to the question which is being asked. Hence, option c is the right answer.
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(1) If the world price is above the domestic equilibrium price, the domestic country is likely...
(1)
If the world price is above the domestic equilibrium price, the
domestic country is likely to ____________________ the good.
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Part 1: Background knowledge: what is the role and objectives of the RBA (reserve bank of...
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Please help me with my economics homework? 1. The United States and Brazil each produce only...
Please help me with my economics homework?
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true-false questions
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This Question: 1 pt 4 of 50 (1 complete All of the following are conditions under which a company might have an advantage producing in foreign countries rather than exporting to the EXCEPT O A. When transportation costs to move goods or services internationally are too high OB When governments encourage the importing of foreign products O c. When buyers prefer products originating from a particular country OD. When products and services need to be altered substantially to gain suficient...
(1)
If the world price is above the domestic equilibrium price, the
domestic country is likely to ____________________ the good.
(2)
The difference between what an economy sells to and buys from
foreigners is _________________.
(3)
The idea that exchange rates and prices adjust to equalize the
cost of living across international boundaries is called
__________________________.
(4)
In the graph below, when the world price is $3, how many units
are...
DQuestion 36 2 pts The following table shows the number of U.S. dollars required to buy one British pound and the number of U.S. dollars required to buy one euro between February 1, 2016, and September 1, 2016: U.S. Dollars Required U.S. Dollars to Buy 1 British Pound 1.429 Required to Buy 1 Euro 1.1092 Date February 1, 2016 March 1, 2016 1.425 April 1, 2016 1.432 May 1, 20161.452 June 1, 2016 1.420 July 1, 20161.313 August 1, 2016...
6. The balance of payments is ..-(A) negative when the nation runs a trade deficit. (B) positive when the nation runs a trade surplus. (C) negative when the country is a borrower in the international apital market. (D) positive when the country is a lender in the international capital market. (E) always equal to zero. 7. If the U.S. dollar increases in value relative to the British pound, (A) U.S. wheat will become cheaper in England. (3) British bicycles will...
Please help me with my economics homework?
1. The United States and Brazil each produce only cheese and wine. Domestic prices are given in the following table United States $5 per pound Brazil 8 BRL per pound 15 BRL per bottle Wine $8 per bottle On April 1, the London exchange listed an exchange rate of $1-1 BRL According to the table, (1) production of wine has an absolute advantage in the production of cheese and (2) has an absolute...
true-false questions
my nova - Yahoo Search Results MCC Single Sign a l Statements: (1) The purpose of economic analysis is to assess the overall outlook of the economy and the impact of economic changes on the firm. (2) The international environment includes all the uncontrollable forces originating outside the home country that surround and influence the firm. (3) International economic analyses should provide economic data on both actual and prospective markets. (4) A common basis for assessing economic development...
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