There is a/an __________ relationship between the dollar price of a foreign good and the exchange rate.
A)direct
B)inverse
C)undeviating
D)vertical

Name: There is a/an __________ relationship between the dollar price of a foreign good and the exchange rate. A)direct B)inverse C)undeviating D)vertical
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Question

Quizplus · Accepted Answer

The dollar price of a foreign good has an inverse relationship with the exchange rate. This means that as the exchange rate increases, the price of foreign goods decreases and vice versa.

There Is A/an __________ Relationship Between the Dollar Price of a Foreign