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taneymc taneymc
wrote...
Posts: 220
5 years ago
When the price level in France increases while the exchange rate and the price level in the United States remain the same, the result is
A) U.S.-made goods become relatively cheaper compared to French-made goods.
B) French citizens are more likely to buy U.S.-made goods.
C) U.S. citizens are less likely to buy French-made goods.
D) All of the above answers are correct.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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loeinjhonsonloeinjhonson
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Posts: 189
5 years ago
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