Other Things the Same, If the Dollar Depreciates Relative to the Japanese

question 172

Multiple Choice

Other things the same, if the dollar depreciates relative to the Japanese yen, then

• A)the exchange rate falls. It will cost fewer yen to travel in the U.S.
• B)the exchange rate falls. It will cost more yen to travel in the U.S.
• C)the exchange rate rises. It will cost fewer yen to travel in the U.S.
• D)the exchange rate rises. It will cost more yen to travel in the U.S.