Suppose the current exchange rate between the U.S. dollar and the Mexican peso is $0.12 = 1 peso. Furthermore, suppose the price level in Mexico rises 25 percent while the U.S. price level remains constant. According to the purchasing power parity theory, what will be the equilibrium exchange rate?

When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?

a) supply and demand b) excess demand c) equilibrium d) price floor

Which of the following entities is able to sue a firm for alleged antitrust misbehavior in the U.S.?

a. Department of Illegal Affairs b. Department of State c. Department of Homeland Security d. Department of Justice e. Department of Labor