1.) What a country imposes tariffe, if is likely to cause A.) increase quantities of imports...

 

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1.) What a country imposes tariffe, if is likely to cause A.) increase quantities of imports Bhigher price for the import competing goods Clower price for domestic production D.) less expensive export 2)A(n) polices A) Tariff. B) (VRA) Voluntary restraint agreement is a trade policy by which a nation agrees to limit its export of a good in order to avoid more restrictive trade C.)import quota D. )import ban 3.) Appreciation of the dollar will A. )decrease the prices of both US imports and exports B.)increase the prices of both US imports and exports C.)decrease the prices of US imports, but increase the prices of foreigners of US D)increase the prices of US imports but decrease the prices of the foreigners of US 4.)the exchange rate is the Ajopportunity cost at which good are produced domestically B.)balance-of-trade ratio of one country to another C)price of one country's currency expressed in terms of another country's currency D.Jamount of currency that can be purchased with 1 ounce of gold 5.)suppose that today one British pound exchanges for $1.60. If next week 1 pound exchanges for $1.70, it is clear that A.) The pound has depreciatd relative to the dollar. B.)The dollar has appreciated relative to the pound C.) Both currencies have appreciated D) The dollar has depreciated relative to the pound 6) When a Japanese businesswoman traveling in the United States asks "How many US dollars can I get for these yen? she wants to know the A) Gold standard rate B.) Exchange rate. C) Terms of trade D.) Currency trade rate 7) If the exchange rate between the U.S. dollar and Mexican Peso changes from $1-5 Peso to $1-8 Peso,then: A)All Mexican producers and consumers will lose. B.) U.S. manufacturers will lose C.)US consumers of Mexican produce will benefit D.)Mexican consumers of US electronic devices will benefit 8) suppose a bottle of wine produced in France sells for 35 euros. If the exchange rate between euros and dollars is € 1 = $ 1.30, how much will an American pay for the bottle of wine in America? A.)$130.00 B.)$35.00 C.)$45.00 D.)$26.92 1.) What a country imposes tariffe, if is likely to cause A.) increase quantities of imports Bhigher price for the import competing goods Clower price for domestic production D.) less expensive export 2)A(n) polices A) Tariff. B) (VRA) Voluntary restraint agreement is a trade policy by which a nation agrees to limit its export of a good in order to avoid more restrictive trade C.)import quota D. )import ban 3.) Appreciation of the dollar will A. )decrease the prices of both US imports and exports B.)increase the prices of both US imports and exports C.)decrease the prices of US imports, but increase the prices of foreigners of US D)increase the prices of US imports but decrease the prices of the foreigners of US 4.)the exchange rate is the Ajopportunity cost at which good are produced domestically B.)balance-of-trade ratio of one country to another C)price of one country's currency expressed in terms of another country's currency D.Jamount of currency that can be purchased with 1 ounce of gold 5.)suppose that today one British pound exchanges for $1.60. If next week 1 pound exchanges for $1.70, it is clear that A.) The pound has depreciatd relative to the dollar. B.)The dollar has appreciated relative to the pound C.) Both currencies have appreciated D) The dollar has depreciated relative to the pound 6) When a Japanese businesswoman traveling in the United States asks "How many US dollars can I get for these yen? she wants to know the A) Gold standard rate B.) Exchange rate. C) Terms of trade D.) Currency trade rate 7) If the exchange rate between the U.S. dollar and Mexican Peso changes from $1-5 Peso to $1-8 Peso,then: A)All Mexican producers and consumers will lose. B.) U.S. manufacturers will lose C.)US consumers of Mexican produce will benefit D.)Mexican consumers of US electronic devices will benefit 8) suppose a bottle of wine produced in France sells for 35 euros. If the exchange rate between euros and dollars is € 1 = $ 1.30, how much will an American pay for the bottle of wine in America? A.)$130.00 B.)$35.00 C.)$45.00 D.)$26.92

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The detailed answer for the above question is provided below 1 What a country imposes a tariff it is likely to cause B Higher price for the importcomp... View the full answer