If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, how many American dollars are required to buy a product that costs 2.5 Canadian dollars?
A) $1.32 B) $2.23 C) $2.75 D) $2.81
D
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Which of the following industries has the highest concentration ratio?
a. jeans b. fruit c. household laundry equipment d. restaurants
When reality show participants travel through foreign countries, they are generating a
A. Supply of U.S. dollars and a demand for a foreign currency. B. Demand for U.S. dollars and a supply of a foreign currency. C. Supply of U.S. dollars and a supply of a foreign currency. D. Demand for U.S. dollars and a demand for a foreign currency.
According to the law of supply, when the price of computer microprocessors rises Question 13 options:
A. the quantity of microprocessors produced increases. B. the number of sellers of microprocessors increases. C. the supply of microprocessors increases. D. the quantity of microprocessors produced decreases. E. computers become cheaper to purchase.
The financial account is
A. the reserve assets created by the International Monetary Fund for countries to use in settling international payment obligations. B. a category of the balance of payments transactions that measures flows of real and financial assets. C. a category of the balance of payments transactions that measures the exchange of merchandise, the exchange of services, and unilateral transfers. D. the price of one nation's currency in term of the currency of another country.