A change in the exchange rate will not change the price of Jaguars in the U.S.

Name: A change in the exchange rate will not change the price of Jaguars in the U.S.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A change in the exchange rate can affect the price of imported goods, including Jaguars, in the U.S. If the U.S. dollar depreciates against the British pound, the cost in dollars to import Jaguars from the UK would increase, potentially raising prices for U.S. consumers.

A Change in the Exchange Rate Will Not Change the Price