If the Exchange Rate Between the United States and India

question 31

Multiple Choice

If the exchange rate between the United States and India changes from $1 = 60 rupees to $1 = 10 rupees, ceteris paribus

• A) the United States imports from India increase.
• B) Indian exports to the United States increase.
• C) the United States exports to India increase.
• D) the trade deficit in the United States increases.

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Definitions:

Transportation Requirements

Specifications or conditions that need to be met for the movement of goods, including regulations, delivery windows, and vehicle capacity.

Performance Measurement

The process of evaluating the efficiency and effectiveness of actions or operations within an organization or system.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.