If the U.S. dollar depreciates relative to the Russian ruble, the ruble:

A. will be less expensive to Americans.
B. may either appreciate or depreciate relative to the dollar.
C. will appreciate relative to the dollar.
D. will depreciate relative to the dollar.

C. will appreciate relative to the dollar.

Economics

You might also like to view...

Refer to Table 11-6. Consider the statistics in the table above in describing the developing countries. Are these consistent with the economic growth model? Briefly explain

What will be an ideal response?

Economics

The Clayton Act:

A) was passed in 1985 over the objections of then President Reagan. B) outlaws racial discrimination in the practice of business. C) outlaws the ownership of stock by the U.S. government unless it is in public enterprises. D) outlaws price discrimination unless based on cost differences.

Economics