Consider an Identical Basket of Goods in Both Algeria and India.For

question 22

Multiple Choice

Consider an identical basket of goods in both Algeria and India.For a given nominal exchange rate,in which case is it certain that the Algerian real exchange rate with India falls?

• A)the price of the basket of goods rises in Algeria and India.
• B)the price of the basket of goods rises in Algeria and falls in India.
• C)the price of the basket of goods falls in Algeria and rises in India.
• D)the price of the basket of goods falls in both India and Algeria.

---

Definitions:

Species

A community of biological entities that consists of nearly identical members capable of gene exchange or mutual breeding.

Adaptations

Physical or behavioral changes in organisms that enhance their ability to survive and reproduce in specific environments.

Interspecific Competition

A form of competition in which individuals of different species compete for the same resource in an ecosystem.

Fire Ant

A type of ant known for its aggressive behavior and painful sting, often causing ecological problems where they are introduced outside their native range.