Multiple Choice
If the U.S.dollar appreciates relative to the Brazilian cruzeiro, then
A) the U.S.dollar-cruzeiro exchange rate will increase
B) U.S.goods become less expensive in Brazil
C) Brazilian goods become more expensive in the U.S.
D) Brazilian investors will pay fewer cruzeiros to buy each U.S.dollar
E) the U.S.will import more from Brazil
Correct Answer:
Verified
Correct Answer:
Verified
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