Alcuno 1.2 Swiss francs. B) I euro - 0.8 Swiss francs C) Swiss franc 1.20 French francs D1 euro = 125 Swiss francs 26) All of the following. excepte, are implications of the purchasing power party theory: Which is the exception A) Exchange rates will adjust to ensure that the cost of living in one country is the same as that in another B) The relative prices of products in different countries should be the same One hour's Labour of a given quality, should pay the same though in different currencies) in all countries D) Inflation should krad to the depreciation of that country's currency E) The currencies of different countries should be at par Canadian dollar 2) What is the result of the exchange rate changing so that fewer French frames are needed to buy 27) A) Canadians will buy fewer French goods and services B) The French franchas deprecated in value French will buy fewer Canadian goods and services D) The Canadian dollar has appreciated in value E) Canadians will buy more French goods and services 28) What is comparative advantage 25) A) An econo Mac policy of protecting domestic producers by testricting the importation of foreign products The advantage gained from producing something at a lower opportunity cost than other producers are able to C) A government regulation which controls how much of a single product can be sold or produced in a competitive market D) An advantare in production as a result of possessing better skills or equipment or resources in comparison to other individuals or countries Below is the productivity per worker (kilos per day) in the wheat and bean industries of Caledonia and Ibrox. The working population in each country is 16 million people Wheat Caledonia bro Beans OT Or 29) Refer to the data above to answer this question. Which of the following statements is correct? 29) A) lorox should specialize in beans but export wheat. B) Caledonia should specialize and export beans C) Caledonia should specialize and export wheat D) Theux should specialize and export wheat. 30 What has been the main purpose of fiscal policy, as used by most governments, since WWII? Al To achieve the twin goals of stable prices and a viable balance of payments. B) To achieve the goal of stable prices 9) to achieve the twin goals of full employment and stable prices. D) To achieve the goal of full cmployment E) To achieve the twin goals of fall employment and a viable balance of payments