Suppose That the Dollar Buys More Bananas in Honduras Than

question 187

Multiple Choice

Suppose that the dollar buys more bananas in Honduras than in Costa Rica.How could traders make a profit?

• A) by buying bananas in Honduras and selling them in Costa Rica,which would tend to raise the price of bananas in Honduras
• B) by buying bananas in Honduras and selling them in Costa Rica,which would tend to raise the price of bananas in Costa Rica
• C) by buying bananas in Costa Rica and selling them in Honduras,which would tend to raise the price of bananas in Costa Rica
• D) by buying bananas in Costa Rica and selling them in Honduras,which would tend to raise the price of bananas in Honduras

---

Definitions:

Accepting Bribes

The unethical and often illegal act of receiving or soliciting something of value in exchange for influence or action in an official capacity.

Life Imprisonment

A prison sentence where the convict is required to remain in prison for the rest of their life or until parole is granted, if eligible.

Common Law

A body of unwritten laws based on legal precedents established by the courts.

Mens Rea

The legal principle of intent that must be proven in many crimes, referring to the criminal intent of the perpetrator.