If the Ratio of the Dollar Price of a U

question 133

Multiple Choice

If the ratio of the dollar price of a U.S.toy to the dollar price of the same toy sold in China is less than 1,U.S.toys are ________ than Chinese toys and retailers in the United States should ________.

• A) cheaper; buy the toys from American suppliers
• B) cheaper; buy the toys from Chinese suppliers
• C) more expensive; buy the toys from American suppliers
• D) more expensive; buy the toys from Chinese suppliers

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