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The exchange rate between the currency of country x

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44.The exchange rate between the currency of Country X and that of Country Y has historically favored the currencyof Country Y. Because of this, citizens of Country Y often take their vacations in Country X, where the exchangerate makes hotels and restaurants more affordable. Yet, citizens of Country Y rarely purchase clothing orelectronics in Country X, despite the fact that those items are more expensive in their home country, even whensales taxes are taken into account. Which of the following, if true, would best explain the buying habits of thecitizens of Country Y?A. Citizens of Country Y prefer the fashions available in their own country.
B. Stores in Country X receive the latest fashions and technology several months after they are available inCountry Y.C. The citizens of Country X resent the buying power of the currency of Country Y.D. The government of Country Y imposes tariffs on imported goods.E. The currencies of Country X and Country Y are both weak compared to the currency of Country Z.45.The Farmsley Film and Performing Arts Center was built three years ago in downtown Metropolis. A recent studyshows that, on average, a person who attends a show at the Farmsley Center spends $96 at other downtownbusinesses on the day of the show. This fact, however, does not necessarily indicate that the Farmsley Center is asignificant driver of the economic revitalization of downtown Metropolis, since________________ .
Borivali | Andheri |Powai & PuneContact : 9029077114/ 8097607504 / 9619160261 / 8149774534

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