Multiple Choice
You're traveling in Ireland and are thinking about buying a new digital camera.You've decided you'd be willing to pay $125 for a new camera, but cameras in Ireland are all priced in euros.If the exchange rate is 0.85 euros per dollar, what's the highest price in euros you'd be willing to pay for a camera?
A) 105 euros
B) 106.25 euros
C) 110.15 euros
D) 143.75 euros
E) 147 euros
Correct Answer:

Verified
Correct Answer:
Verified
Q2: If net foreign investment is negative, which
Q3: A decrease in Canadian federal government budget
Q4: An increase in capital inflows will<br>A)increase net
Q5: If the dollar appreciates against the Mexican
Q6: In an open economy, the current account
Q9: Persistent current account deficits for the United
Q11: Why would the Canadian trade deficit be
Q140: The balance of payments includes all of
Q181: If the exchange rate changes from $1.45
Q240: If net exports are equal to net