Multiple Choice
What factors are most important for determining exchange rate fluctuations in the long run?
A) relative price levels across countries
B) relative rates of productivity growth across countries
C) preferences for domestic and foreign goods across countries
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q107: Fluctuating exchange rates can alter a multinational
Q108: Figure 19-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 19-3
Q109: When foreign investors in Thailand began to
Q110: By the late 1950s,dollars held by foreign
Q111: China began pegging its currency,the yuan,to the
Q113: A Big Mac costs $4.93 in the
Q114: If one U.S.dollar could be exchanged for
Q115: What is the difference between a fixed
Q116: Figure 19-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 19-12
Q117: Figure 19-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 19-7