If the United States puts a quota on imports of automobiles,
A) the price of U.S.-produced automobiles will fall.
B) the dollar will depreciate.
C) the dollar will appreciate.
D) the efficiency of the U.S. economy will be enhanced.
Correct Answer:
Verified
Q53: According to the theory of purchasing power
Q54: If the rate of growth of U.S.
Q55: Under the theory of purchasing power parity,
Q56: The law of one price states that
A)most
Q57: If the U.S. rate of productivity growth
Q59: According to the theory of purchasing power
Q60: A tariff is a
A)limit on the volume
Q61: Differences in price levels
A)explain well actual exchange
Q62: The law of one price does not
Q63: Suppose the exchange rate is 10 pesos
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