If the U.S. dollar appreciates against the Japanese yen:
A. Japanese goods will be more expensive in the United States.
B. the U.S. dollar will buy fewer Japanese yen.
C. Japanese goods will be cheaper in the United States.
D. U.S. goods will be cheaper for Japanese consumers.
Answer: C
Economics
You might also like to view...
The average outcome from an uncertain gamble is the _______________
Fill in the blank(s) with the appropriate word(s).
Economics
An agreement among countries about how relative currency values should be determined is known as
A) an exchange rate system. B) an international currency market. C) a free-trade arrangement. D) a parity intervention.
Economics