Why is international trade sometimes a threat for workers? a) wages in exporting industries tend to fall due to trade. b) wages in import-competing industries tend to rise due to trade. c) workers in import-competing industries may suffer job loss as a result of trade. d) workers in exporting industries are subject to job loss as a result of trade.

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?