An Appreciation of the U

question 98

Multiple Choice

An appreciation of the U.S. dollar relative to the Japanese yen causes

• A) A lower dollar-price of Japanese goods which induces the U.S. to increase their purchasing of Japanese goods.
• B) the quantity demanded of U.S. dollars to increase because the Japanese want to buy more U.S. goods.
• C) the Japanese to buy more U.S. goods, causing the dollars to appreciate further.
• D) the U.S. to buy less Japanese goods, causing the U.S. to depreciate.

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Definitions:

Key Words

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Agreement

A mutual arrangement, contract, or understanding reached by two or more parties about a particular issue.

Assumptions

Beliefs or propositions accepted without verification or proof as being true.

Divisive Conflict

Disagreements or disputes that create division or separation among individuals or groups.