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Travis takes two trips to Ecuador. On his first trip, he finds that one US dollar is worth 25000 Ecuadorian Sucre. On his return trip, he finds that the dollar is now worth 26000 Ecuadorian Sucre. What is a LIKELY result of this change in exchange rates

Respuesta :

Answer:

More Americans will travel to Ecuador.

Explanation:

Travis is an American.

On his first trip,

1 US dollar = 25,000 Ecuadorian Sucre

On his second trip,

1 US dollar = 26,000 Ecuadorian Sucre

This indicates that the US dollar appreciated against the Ecuadorian Sucre. Now, the residents of United States will have to pay less for going on a trip to Ecuador. Hence, there is an increase in the number of Americans going for a trip to Ecuador.

Answer:

American Imports from Ecuador increase

Explanation:

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