Because of the Emissions Testing Scandal at Volkswagen,Australians Develop an Aversion

question 26

Multiple Choice

Because of the emissions testing scandal at Volkswagen,Australians develop an aversion to German cars relative to cars manufactured in Australia.This will,ceteris paribus,

• A) decrease the demand for German cars relative to Australian cars, decrease the demand for the euro, and cause the euro depreciate against the dollar.
• B) increase the demand for German cars relative to Australian cars, increase the demand for the euro, and cause the euro appreciate against the dollar.
• C) decrease the demand for German cars relative to Australian cars, decrease the demand for the euro, and cause the euro appreciate against the dollar.
• D) increase the demand for German cars relative to Australian cars, decrease the demand for the euro, and cause the euro depreciate against the dollar.

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Definitions:

Indians

Indigenous people originally inhabiting the Americas, or citizens of India, depending on context.

Moving West

The migration and settlement movement of people across the United States towards the western territories, often associated with the 19th-century Manifest Destiny ideology.

Enslaved Men

refers to males who were forced into slavery, deprived of personal freedom and subjected to the will of their owners.

Irish Immigration

The movement of people from Ireland to other countries, notably to the United States in the 19th and early 20th centuries, driven by factors like the Great Famine.