How many British pounds would it cost to buy a pair of American designer jeans costing $45 if the exchange rate is 1.60 dollars per British pound?

Which concept do some scholars use to explain the growth in free trade after World War II?

a. regionalization b. voluntary export restraint c. embedded liberalism d. hegemonic stability

Jim is haggling with a car dealer over the sale price of a used car. When he entered the store he was the only customer. During the negotiations, a second customer walks in and is interested in that particular car. At this point

a. Jim has a better chance of having his offer accepted, since the seller does not have any outside offers b. Jim has lower chances of having his offer accepted, since the seller has more outside offers c. The disagreement value for the seller has increased d. This should not impact Jim's chances of having his offer accepted