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NYC NYC
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8 years ago
If the exchange rate between the United States and India changes from $1 = 60 rupees to $1 = 10 rupees, ceteris paribus:
A) the United States exports to India increase.
B) the trade deficit in the United States increases.
C) Indian exports to the United States increase.
D) the United States imports from India increase.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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