Multiple Choice
If a domestic currency has appreciated
A) foreign-made goods are cheap relative to domestic-made goods.
B) domestic-made goods are cheap relative to foreign-made goods.
C) exports are likely to increase.
D) imports are likely to decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q9: At the end of 2000, the unemployment
Q10: The 1960s was a decade of generally<br>A)
Q11: Real GDP is a measure of the
Q12: Sweden became richer than Argentina in the
Q13: Between 2000 and 2004, the gap between
Q15: Since 1997 real stock market index prices
Q16: Macroeconomists<br>A) focus on the economy as a
Q17: Which of the following is not one
Q18: Which of the following is not a
Q19: Which of the following is not likely