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One difference between foreign and domestic demand for a commodity exported by the U.S. is that :

 a. foreign demand is unrelated to the dollar price of the commodity. 

 b. foreign demand depends on the exchange rate between domestic and foreign currencies. 

 c. the domestic price elasticity of demand depends on the availability of substitute commodities. 

 d. foreign-made commodities are not good substitutes for U.S. made commodities. 

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/05/21
Georges Aref Chaoul
par Georges Aref Chaoul , Business Unit Director - Consumer Services , Kaizen Asset Management Services

(B)                    Thank You.

Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. One difference between foreign and domestic demand for a commodity exported by the U.S. is that The correct answer was: b. foreign demand depends on the exchange rate between domestic and foreign currencies.. foreign demand depends on the exchange rate between domestic and foreign currencies.

Shadi Samara
par Shadi Samara , General Manager , Al-Sabah Marine CO. W.L.L – Al-Abrrar Comeercial Center

b. foreign demand depends on the exchange rate between domestic and foreign currencies. 

Mohamed Abdelrahman
par Mohamed Abdelrahman , Senior Accountant , Msafat Company

correct answer 

BBBBBBB

..................

khaled elkholy
par khaled elkholy , HR MANAGER , misk for import & export

B. Is correct....... ................................

mohamed badawy
par mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I choose option b ....................................................................

Salvatore Augello
par Salvatore Augello , owner , A.S. Trade & Consult

that's is B ______________________________________________

Mohammed Fathe  Shaheem
par Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

b........................................................................................

Mehboob Ali Laghari
par Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

other factors may also be involved but the exchange rate is major factor of change 

Ramesh Sehgal
par Ramesh Sehgal , Chief Financial Officer , How United Services WLL

My answer is c which is true that domestic demand also depends on prices of substitute products.

a is not true.

B does not depend on this due to various other factors.

d is not true as it cannot be generalized and depends on product to product. In fact more and more products being imported into USA as goods are extremely cheaper and many times betetr that us products. For example Toyota proved to be better than General Motors and many other American brands.

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