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oksian1 [2.3K]
3 years ago
8

If the dollar buys fewer bananas in Honduras than in Guatemala, then traders could make a profit by

Business
1 answer:
Serggg [28]3 years ago
8 0

Answer:

The correct answer is C)

Explanation:

Given that the price for bananas is cheaper in Guatemala, suppliers will be driven to make a quick profit just by buying from the Guatemalan market to sell in the Honduras economy.

This, however, will cause the prices of bananas to rise in Guatemala. Because, according to the basic principles of economics, the higher the demand the higher the price.

Cheers!

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