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MMLU-Pro / 7542 / Suppose an American firm sells a large piece of machinery toa British firm for…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Suppose an American firm sells a large piece of machinery toa British firm for 40,000.Describetheflowofmoneyinthissituation.Assumetheexchangerateis40,000. Describe the flow of money in thissituation. Assume the exchange rate is 2 = \textsterling1.
Plain-text mathematical notation (without MathML)
Suppose an American firm sells a large piece of machinery toa British firm for 40,000.Describetheflowofmoneyinthissituation.Assumetheexchangerateis2 = \textsterling1.
Original LaTeX notation
Suppose an American firm sells a large piece of machinery toa British firm for $40,000. Describe the flow of money in thissituation. Assume the exchange rate is $2 = \textsterling1.

category

economics

options

  1. The British importer pays £20,000 to the American exporter.
  2. The British importer pays $80,000 to the American exporter.
  3. The British importer pays $20,000 to the American exporter.
  4. The American exporter receives £40,000 from the British importer.
  5. The American exporter pays $40,000 to the British importer.
  6. The American exporter receives $20,000 from the British importer.
  7. The American exporter pays £20,000 to the British importer.
  8. The British importer pays £40,000 to the American exporter.
  9. The British importer pays $40,000 to the American exporter.
  10. The British importer pays $40,000 and receives \textsterling20,000 in return from the American exporter.

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7542
task_id
fc19e8b4-96cc-56f9-8436-fcf543cacaf2
task_key
default--test--7542
task_revision_id
1
config / split
default / test

Official source

initial import