If, in Retaliation for "Unfair" Trade Practices, the Canadian Government

question 104

Multiple Choice

If, in retaliation for "unfair" trade practices, the Canadian government imposes a 30 percent tariff on Japanese TV's, but at the same time, Canadian demand for Japanese goods increases, then, in the long run, ________, everything else held constant.

• A) the Japanese yen should appreciate relative to the Canadian dollar
• B) the Japanese yen should depreciate relative to the Canadian dollar
• C) there is no effect on the Japanese yen relative to the Canadian dollar
• D) the Japanese yen could appreciate, depreciate or remain constant relative to the Canadian dollar

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Definitions:

Poor Communication

Inadequate exchange of information that can lead to misunderstandings and errors in various contexts.

Degenerative Muscle Illness

A category of diseases that involve the progressive loss of muscle mass and strength.

Progressive

Referring to a condition or disease that gradually worsens over time or advocating for progressive ideas and reforms.

Referrals

The process of directing a patient to a specialist or another healthcare professional for additional assessment, care, or treatment.