Suppose That the Exchange Rate Between Japanese Yen and U

question 106

Multiple Choice

Suppose that the exchange rate between Japanese yen and U.S. dollars is originally 130 yen to the dollar. If it then changes to 150 yen to the dollar, the price of U.S. goods to Japanese importers will:

• A)​rise.
• B)​fall.
• C)​stay the same.
• D)​change in an indeterminate direction.

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