Refer to the information provided in Table 20.6 below to answer the question(s) that follow.
Table 20.6 $$\begin{array} { l c c }
& \text { United States } & \text { France } \
\hline \text { Peas } & \$ 3 & 3 \text { euros } \
\text { Carrots } & \$ 4 & 9 \text { euros } \
\hline
\end{array}$$
-Refer to Table 20.6. If the exchange rate is $1 = 2 euros, then
A) the United States will import both peas and carrots.
B) France will import both peas and carrots.
C) the United States will import peas and France will import carrots.
D) France will import peas.

Question

Refer to the information provided in Table 20.6 below to answer the question(s) that follow.
Table 20.6 $$\begin{array} { l c c } 
& \text { United States } & \text { France } \
\hline \text { Peas } & \$ 3 & 3 \text { euros } \
\text { Carrots } & \$ 4 & 9 \text { euros } \
\hline
\end{array}$$
-Refer to Table 20.6. If the exchange rate is $1 = 2 euros, then
A) the United States will import both peas and carrots.
B) France will import both peas and carrots.
C) the United States will import peas and France will import carrots.
D) France will import peas.

Quizplus · Accepted Answer

The United States will import peas because they are cheaper in France (3 euros = $1.50) than in the United States ($3). France will import carrots because they are cheaper in the United States ($4) than in France (9 euros = $4.50).

Refer to the Information Provided in Table 20 -Refer to Table 20