The exchange rate between the Pakistan Rupee was 1.04 = $1 in November 2012 whereas...
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Finance
The exchange rate between the Pakistan Rupee was 1.04 = $1 in November 2012 whereas the exchange rate between the Pakistan Rupee was 1.14 = $1 in November 2011. Therefore the exports of the very tasty Pakistan mangoes to the US domestic market in 2012 (relative to 2011)
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a. | Were cheaper for US consumers
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b. | Were more expensive for US consumers
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c. | Pakistan mango producers sell many more mangoes now | |
d. | We cannot tell
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