Multiple Choice
Ron, a journalist, reported that the price of Australian wine had greatly increased along with other Australianmade products imported into the U.S. because of the variation in the exchange rate. He can conclude that the value of the U.S. dollar has:
A) strengthened when compared to the Australian dollar.
B) strengthened when compared to the Australian dollar only if the raw materials for the Australian goods were obtained from the U.S.
C) weakened when compared to the Australian dollar.
D) achieved parity with the Australian dollar only if the shipping companies accept payments in Australian dollars.
Correct Answer:

Verified
Correct Answer:
Verified
Q101: List, define, and describe the strategies for
Q102: As access to technology rises and barriers
Q103: Overage that occurs when more money flows
Q104: Which of the following is a benefit
Q105: _ involves contracting with foreign suppliers to
Q107: Changes in the amount of foreign aid
Q108: The International Monetary Fund (IMF) exists to
Q109: Which of the following statements is true
Q110: _ is the most basic level of
Q111: Which of the following factors could deter