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Answer to Question #134874 in Macroeconomics for December
Question #134874
A change of the exchange rate from R14,60 = $1,00 to R20,50 = $1,00 will lead to a decrease in...
[1] the price of imported goods in South Africa.
[2] the price of South African products sold in the United States.
[3] the price of petrol in South Africa.
[4] the number of tourists from the United States visiting South Africa.
[1] the price of imported goods in South Africa.
[2] the price of South African products sold in the United States.
[3] the price of petrol in South Africa.
[4] the number of tourists from the United States visiting South Africa.
Expert's answer
the price of South African products sold in the United States.
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