Multiple Choice
Suppose that the dollar buys fewer bananas in Honduras than in Guatemala.Traders could make a profit by
A) buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Honduras.
B) buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Guatemala.
C) buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Guatemala.
D) buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Honduras.
Correct Answer:
Verified
Correct Answer:
Verified
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