Ceteris paribus,if African countries experience a drought and purchase food from the United States,the currencies of the African countries should
A) Appreciate,and the dollar should appreciate.
B) Appreciate,and the dollar should depreciate.
C) Depreciate,and the dollar should appreciate.
D) Depreciate,and the dollar should depreciate.
Correct Answer:
Verified
Q66: Exchange rates change because of relative
A)Income changes
Q67: Q68: Places where foreign currencies are bought and Q69: Q70: There is resistance to exchange rate fluctuations Q72: Ceteris paribus,if interest rates in the United Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()