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Suppose That in 2002 the Exchange Rate Between the Canadian

question 26

Multiple Choice

Suppose that in 2002 the exchange rate between the Canadian dollar and the Japanese yen was
$1 = 220 yen,and in 2012 it was $1 = 100 yen.
-Refer to the above information.Which one of the following might be a plausible explanation for the change in the dollar-yen exchange rate cited in the previous question?

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