If the Philippines peso strengthens against China’s yuan, then Filipinos will A. pay less to buy China's products B. pay more to buy China's products C. pay more to buy domestically produced products D. not be affected by the change in their currency's value.
If the Philippines peso strengthens against China’s yuan, then Filipinos will A. pay less to buy China's products B. pay more to buy China's products C. pay more to buy domestically produced products D. not be affected by the change in their currency's value.
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
Problem 29QA
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If the Philippines peso strengthens against China’s yuan, then Filipinos will
A. pay less to buy China's products
B. pay more to buy China's products
C. pay more to buy domestically produced products
D. not be affected by the change in their currency's value.
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