Other Things the Same, If the Dollar Appreciates Relative to the Japanese

question 109

Multiple Choice

Other things the same, if the dollar appreciates relative to the Japanese yen, then

• A)the exchange rate falls. It will cost fewer yen to travel in the U.S.
• B)the exchange rate falls. It will cost more yen to travel in the U.S.
• C)the exchange rate rises. It will cost fewer yen to travel in the U.S.
• D)the exchange rate rises. It will cost more yen to travel in the U.S.

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Definitions:

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