As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative to Jamaican dollars. The depreciation in the U.S. dollar has benefitted some groups, but harmed others. You must indicate which of the groups below are winners, and which are losers, from the standpoint of the depreciation of the U.S. dollar.

A. Todd, an American, going to visit Jamaica for spring break.

B. An investment bank in Jamaica that is interested in purchasing U.S. government bonds.

C. Goodyear, a U.S. based firm, selling car tires in Jamaica.

D. A family from Jamaica visiting relatives in the U.S. E. A firm from Jamaica selling handbags in the U.S.

F. U.S. based Hewlett-Packard, which is purchasing a high tech company in Jamaica.

Answer rating: 100% (QA)

a Todd will be the loser because he will now have to spend more dollars to plan the same the trip he ... View the full answer