If the Dollar Buys Fewer Bananas in Guatemala Than in Honduras,then

question 32

Multiple Choice

If the dollar buys fewer bananas in Guatemala than in Honduras,then traders could make a profit by

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

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Definitions:

Enter Bills Window

In accounting software, a specific feature or interface where bills or invoices received from vendors are entered.

Journal Entry

A record of a financial transaction within the double-entry bookkeeping system, containing debits and credits.

Debits Expense

An accounting entry that represents an increase in expenses, which in turn reduces equity or net income.

Memorized Transaction List

A feature in accounting software that allows users to save recurring transactions for future use, simplifying data entry.