If the exchange rate makes foreign goods ________ expensive, demand will increase and imports are likely to ________

A) less; fall
B) less: rise
C) more; fall
D) more; rise

B

Business

You might also like to view...

In which of the following countries is polyandry practiced?

a. Arab countries b. Polynesian countries c. South American countries d. African countries

Business

Simpson, Inc. is considering a five-year project that has an initial after-tax outlay or after-tax cost of $80,000. The respective future cash inflows from its project for years 1, 2, 3, 4 and 5 are: $15,000, $25,000, $35,000, $45,000 and $55,000

Simpson uses the net present value method and has a discount rate of 9%. Will Simpson accept the project? A) Simpson accepts the project because the NPV is $129,455.25. B) Simpson accepts the project because the NPV is 79,455.25. C) Simpson accepts the project because the NPV is $49,455.25. D) Simpson accepts the project because the NPV is less than zero.

Business