Multiple Choice
Jenco Co. imports raw materials from Japan, invoiced in U.S. dollars. The price it pays is not expected to change for the next several years. If the Japanese yen appreciates, Jenco's imports from Japan will probably ____ and if the Japanese yen depreciates, its imports from Japan will probably ____.
A) increase; decrease
B) decrease; increase
C) increase; stay the same
D) stay the same; stay the same
Correct Answer:

Verified
Correct Answer:
Verified
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