Apple corp exported 200 million worth of iphones and

16. Apple Corp. exported $200 million worth of iPhones and iPads to Canada last year. Based on
this transaction alone, the ________ of US dollar in Canada will move to the _______ . (1 pt)
16
A. Supply curve; right
B. Supply curve; left
C. Demand curve; right
D. Demand curve; left
17. Americans imported $500 million worth of wine from Australia last year. Based on this
transaction alone, the _______ of US dollar in Australia will move to the ________. (1 pt)
17
13
D
14
True
15
A
16
C
17
A

FIN 308
Quiz #1
4
18. On September 9, 2000 Ecuador officially replaced its national currency, the Ecuadorian sucre,
with the U.S. dollar. This practice is known as ________. (
1
pt)
18