If,in Retaliation for "Unfair" Trade Practices,Congress Imposes a 30 Percent

question 74

Multiple Choice

If,in retaliation for "unfair" trade practices,Congress imposes a 30 percent tariff on Japanese DVD recorders,but at the same time,U.S. demand for Japanese goods increases,then,in the long run,________,everything else held constant.

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

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Definitions:

Attention Switching

The process of shifting focus from one task or stimulus to another, which plays a vital role in cognitive flexibility and multitasking abilities.

Automatic Task

A task performed with little or no conscious effort or control, often because it has been practiced to the point of automatization.

Dictation Practice

An educational activity involving the speaking of words or sentences for someone else to write down, aimed at improving writing, typing, or language learning skills.

Attentional Capture

A phenomenon where an individual’s attention is involuntarily drawn towards a particular stimulus, often due to its novelty or salience.