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NYC NYC
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8 years ago
If the price of a truck in the United States is $18,000, and the exchange rate between the dollar and the Mexican peso rises from 120 yen to 135 pesos per dollar, then the price of the American car in Mexico will:
A) rise.
B) remain the same.
C) fall.
D) be irrelevant, because the Mexican government will impose restrictions on imports from the United States.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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