An increase in the exchange rate value of the U.S. dollar, relative to the Japanese yen, will cause U.S. imports from Japan to
a. increase and exports to Japan to decrease.
b. increase and exports to Japan to increase.
c. decrease and exports to Japan to decrease.
d. decrease and exports to Japan to increase.
A
Economics
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A supermarket manager discovers that his generic brand beans are disappearing off of his shelves faster than he can restock them and the premium brand beans are staying on the shelf going unsold
What can we probably say about the current prices of each of these products in relation to the market-clearing price?
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