A. increase the prices of U.S. imports but decrease the prices of U.S. exports
A. make Mexico's exports and imports both more expensive.
B. make Mexico's exports more expensive and its imports less expensive.
C. make Mexico's exports less expensive and its imports more expensive.
D. increase Mexican exports.
B. make Mexico's exports more expensive and its imports less expensive.
You might also like to view...
A third-degree price discriminating monopolist can sell its output either in the local market or on an internet auction site (or both)
After selling all of its output, the firm discovers that the marginal revenue earned in the local market was $20 while its marginal revenue on the internet auction site was $30. To maximize profits the firm should A) have sold more output in the local market and less at the internet auction site. B) do nothing until it acquires more information on costs. C) have sold less output in the local market and more on the internet auction site. D) sell less in both markets until marginal revenue is zero. E) sell more in both markets until marginal cost is zero.
An overall decline in communication and transportation costs have facilitated global interactions in the twentieth and the twenty first century
a. True b. False Indicate whether the statement is true or false