Imagine That There Are Only Two Nations in the World

question 180

Multiple Choice

Imagine that there are only two nations in the world, the United States and Mexico.If Mexico experiences a drop in the price of foreign exchange, people in Mexico will

• A)have to buy more U.S.currency, because prices of imports from the United States will have increased
• B)end up buying less U.S.currency, because U.S.prices on goods will decrease to everyone
• C)be able to afford less U.S.currency, and imports from the United States will be more expensive
• D)be able to afford more U.S.currency, and imports from the United States will be cheaper
• E)be able to afford more U.S.currency, and imports from the United States will be more expensive

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Definitions:

Asian Canadians

Individuals in Canada of Asian descent, contributing to the country's cultural, economic, and social diversity.

Claiming An Ethnicity

The act of identifying with or asserting membership in a particular ethnic group, often involving the adoption of cultural traits and practices associated with that group.

Race

A socially constructed categorization of humans based on physical characteristics, ancestry, genetics, and social identity.

Ethnic Group

A society or populace comprised of members with similar cultural roots or lineage.