If the price of the Brazilian real is $0.1 and a U.S. resident purchases a Brazilian-manufactured item for 10,000 real, there will be

A. a quantity supplied of 10,000 real as well as a quantity demanded of 10,000 real.
B. a quantity demanded of 10,000 real and a quantity supplied of $1,000.
C. a quantity demanded of 10,000 real, but we cannot determine the effect in the market for dollars.
D. a quantity demanded of 10,000 real and a quantity supplied of $10,000.


Answer: B

Economics

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