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    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    If the Exchange Rate Falls from 120 Yen Per Dollar
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If the Exchange Rate Falls from 120 Yen Per Dollar

Question 106

Question 106

Multiple Choice

If the exchange rate falls from 120 yen per dollar to 100 yen per dollar, the dollar has ________ and the yen has ________.


A) depreciated; appreciated
B) appreciated; depreciated
C) depreciated; depreciated
D) appreciated; appreciated

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