The foreign exchange rate affects agriculture because
A) A weaker dollar makes depresses the export demand for U.S farm commodities.
B) A stronger dollar enhances the export demand for U.S. farm commodities.
C) A weaker dollar makes imports of inputs used by U.S. farmers.
D) None of the above.
Answer: D
You might also like to view...
By designating Federal Reserve currency as legal tender, the federal government
A) has ensured that Federal Reserve currency will serve as money. B) has guaranteed that Federal Reserve currency may be exchanged for an equivalent amount of gold or silver. C) has mandated that Federal Reserve currency be accepted for payment of debts. D) has mandated that Federal Reserve currency be accepted by citizens of foreign countries in exchange for their countries' currencies.
A technology spillover occurs when one firm's research and production increase another firm's access to technological advances
a. True b. False Indicate whether the statement is true or false