The Decline in the Value of the Dollar Relative to the Yen

question 45

Multiple Choice

The decline in the value of the dollar relative to the yen will have what impact on the purchase of U.S. goods in Japan?

• A) U.S. goods will increase in cost, and Japan will import more.
• B) U.S. goods will increase in cost, and Japan will import less.
• C) U.S. goods will decrease in cost, and Japan will import more.
• D) U.S. goods will increase in cost, and Japan will export less.

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Definitions:

Commercial Speech

Speech or messages that propose a commercial transaction, which is protected under the First Amendment but can be regulated more than other types of speech.

Central Hudson Test

A four-part test used by courts to determine the constitutionality of government restrictions on commercial speech.

First Amendment

A provision in the United States Constitution that prohibits the government from making laws that infringe upon the freedom of speech, religion, assembly, and the press.

Free-Exercise Clause

A clause in the First Amendment of the U.S. Constitution that states that government (state and federal) cannot make a law “prohibiting the free exercise” of religion. This clause is interpreted to include absolute freedom to believe and freedom to act that may face state restriction.