Research Shows That When Exchange Rates Are More Volatile, the Price

question 159

Multiple Choice

Research shows that when exchange rates are more volatile, the price differentials are ____ and the convergence is _____.

• A) smaller; faster
• B) smaller; slower
• C) larger; slower
• D) larger; faster

---

Definitions:

United States

A country located in North America composed of 50 states, a federal district, five major self-governing territories, and various possessions, known for its diverse geography, culture, and history.

Western Culture

Refers to the societal norms, values, traditions, and art forms that originated from or are associated with Western Europe and other regions influenced by European culture.

PTSD

Post-Traumatic Stress Disorder, a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

United States

a federal republic consisting of 50 states, a federal district, and several territories, known for its significant influence in global politics, economy, and culture.