Solved

If the Dollar Buys Fewer Bananas in Guatemala Than in Honduras,then

Question 32

Multiple Choice

If the dollar buys fewer bananas in Guatemala than in Honduras,then 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions