If the Exchange Rate Between the U

question 48

Multiple Choice

If the exchange rate between the U.S.dollar and Japanese yen changes from $1 = 100 yen to $1 = 90 yen,then

• A)All Japanese producers and consumers will lose.
• B)U.S.auto producers and autoworkers will lose.
• C)U.S.consumers of Japanese TV sets will benefit.
• D)Japanese tourists visiting the United States will benefit.

---

Definitions:

Car Manufacture

The process of designing, producing, and selling motor vehicles, an industry that involves a range of technologies and is crucial to global economics.

Chalalán

A community-based ecotourism project located in Madidi National Park, Bolivia, known for its emphasis on sustainable development and indigenous participation.

Economic

Relating to the production, consumption, and transfer of wealth.

Religious

Pertaining to or connected with a belief in a higher power or the practice of worship, devotion, and observance of faith traditions.