If the Exchange Rate Changes from 130 Yen Per Dollar

question 116

Multiple Choice

If the exchange rate changes from 130 yen per dollar to 150 yen per dollar,what has happened to the dollar?

• A) It has appreciated and so buys more Japanese goods.
• B) It has appreciated and so buys fewer Japanese goods.
• C) It has depreciated and so buys more Japanese goods.
• D) It has depreciated and so buys fewer Japanese goods.

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Definitions:

Conjugate Acid

The species formed when a base gains a proton (H+), characterized by the presence of an additional hydrogen compared to the original base.

Conjugate Base

The species that remains after an acid has donated a proton during a chemical reaction.

Acid/Base Reaction

A chemical process involving the transfer of protons (H+) from an acid to a base.

Strong Bases

Substances that readily donate hydroxide ions or accept protons during a chemical reaction, characterized by their complete dissociation in water.