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If the Exchange Rate Changes to 2

Question 22

Multiple Choice

If the exchange rate changes to 2.0000, what is the percentage change in the US dollar price of exports from that when the exchange rate was 1.8769? You are given the following information: If the exchange rate changes to 2.0000, what is the percentage change in the US dollar price of exports from that when the exchange rate was 1.8769? You are given the following information:   A)  -6.16% B)  +6.56% C)  +6.16% D)  -6.56%


A) -6.16%
B) +6.56%
C) +6.16%
D) -6.56%

Correct Answer:

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