Multiple Choice
Suppose that the dollar buys more bananas in Honduras than in Costa Rica.How could traders make a profit?
A) by buying bananas in Honduras and selling them in Costa Rica,which would tend to raise the price of bananas in Honduras
B) by buying bananas in Honduras and selling them in Costa Rica,which would tend to raise the price of bananas in Costa Rica
C) by buying bananas in Costa Rica and selling them in Honduras,which would tend to raise the price of bananas in Costa Rica
D) by buying bananas in Costa Rica 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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