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Chako Chako
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8 years ago
If the goods' money prices do not change, a depreciation of the dollar against the pound
A) makes British sweaters cheaper in terms of American jeans.
B) doesn't change the relative price of sweaters and jeans.
C) makes British jeans more expensive in Britain.
D) makes British sweaters more expensive in terms of American jeans.
E) makes American jeans more expensive in terms of British sweaters.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 184 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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