An Increase in Japanese Citizens' Purchases of Holidays in the UK

question 59

Multiple Choice

An increase in Japanese citizens' purchases of holidays in the UK would

• A) Cause the pound to appreciate, but the total value of UK net exports stays the same.
• B) Cause the pound to depreciate, but the total value of UK net exports stays the same.
• C) Cause the total value of UK net exports to increase, but the foreign exchange value of the pound to appreciate stays the same.
• D) Cause the total value of UK net exports to decrease, but the foreign exchange value of the pound to appreciate stays the same.

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Definitions:

Roman Ideas

The concepts, philosophies, legal principles, and innovations developed in ancient Rome that have had a lasting impact on Western civilization, including the law, government, architecture, and engineering.

Full Independence

The complete autonomy of a nation or state, free from external control or influence in its governance and decision-making processes.

Economic Ties

The financial relationships and dependencies between countries, organizations, or individuals, often influencing political and social interactions.

Spirit of Revolution

The ideological and emotional fervor that drives revolutionary movements or periods of significant social and political change.