If the Exchange Rate Changes from 40 Thai Baht Per

question 136

Multiple Choice

If the exchange rate changes from 40 Thai baht per dollar to 35 Thai baht per dollar, what has happened to the dollar?

• A)It has appreciated and so buys more Thai goods.
• B)It has appreciated and so buys fewer Thai goods.
• C)It has depreciated and so buys more Thai goods.
• D)It has depreciated and so buys fewer Thai goods.

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Definitions:

Translation

Translation is a biological process by which messenger RNA is decoded by a ribosome to produce a specific amino acid chain, or polypeptide, that will fold into an active protein.

mRNA

Messenger ribonucleic acid, a type of RNA that conveys genetic information from DNA to the ribosome, where they specify the amino acid sequence of the protein products of gene expression.

Ribosome

A ribosome is a cellular organelle that synthesizes proteins by translating messenger RNA into amino acid sequences.

Anticodon

Three-base sequence in a transfer RNA molecule base that pairs with a complementary codon in mRNA.