A Japanese Company That Makes Electronic Watches Exports 90 Percent

question 45

Multiple Choice

A Japanese company that makes electronic watches exports 90 percent of its products to the United States.Which of the following will happen if the dollar strengthens against the Japanese Yen?

• A)The company's watches will become less expensive in the US.
• B)The purchasing power of US consumers will decline.
• C)The company will have to reduce its number of employees.
• D)The company will export lesser number of watches to the US.

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Definitions:

Stressful Life Events

Significant occurrences or changes in one's life that can trigger or exacerbate stress, leading to various psychological or physical health outcomes.

Dichotomous Thinking

A cognitive distortion that simplifies the complexity of the world into either/or categories, ignoring the nuances and middle ground.

Didactic Perspectives

Educational approaches focused on teaching specific skills, knowledge, or morality, often through direct instruction.

Rigid Either/Or

A cognitive distortion where situations are viewed in a binary manner, without acknowledging a spectrum of possibilities or nuances.