Suppose Frank is completely indifferent between drinking Coke and drinking Pepsi. Then Frank's indifference curves for Coke and Pepsi would be:

If the Mexican government wants to keep the peso overvalued against the dollar, it will need to:

A) sell both dollars and pesos. B) buy both dollars and pesos. C) sell pesos and buy dollars. D) buy pesos and sell dollars.

A U.S. fast food restaurant chain sells dollars for Argentinean pesos and then uses the pesos to buy Argentinean beef. Which of the following do these transactions increase?

a. Argentinean net capital outflow and Argentinean net exports b. only Argentinean net exports c. only Argentinean net capital outflow d. neither Argentinean net exports nor Argentinean capital outflow