1:
Assume the Chilean peso is decreasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation?
A Chilean company that imports oil from Venezuela
A Chilean family visiting relatives in the United States
A Chilean exporter who sells fruits and vegetables to the U.S.
A Chilean importer who brings American cars to Chile
I think its C. Is that correct?
2:
Assume the European Euro is increasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation?
A U.S. family traveling throughout Europe
A European company that imports electronics from the U.S.
A European company that imports Asian foods
An international travel agency based in Florida
I think its D. Am I correct?
5 answers
2. D - no