An appreciation in the U.S. dollar benefits which of the following groups of people?
a. all people living in the United States
b. U.S. producers who export farm equipment to other countries
c. U.S. consumers who buy imported automobiles
d. foreigners who wish to travel to the United States
e. U.S. consumers who buy U.S. goods
C
You might also like to view...
A reserve currency is a currency that is:
a. used exclusively to settle domestic debts. b. specifically designed for use by commercial banks to settle accounts. c. held only by bureaucrats. d. used to settle international debts by private corporations. e. held by governments to facilitate foreign exchange market interventions.
You own a local sub shop in a college town. You primarily serve two groups of people: local residents (both students and other local residents) and visitors to your town. Devise a price discrimination strategy that will increase your revenues compared to a single-pricing strategy.
What will be an ideal response?