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If the Japanese Yen Appreciates Against the U

Question 1

Multiple Choice

If the Japanese yen appreciates against the U.S. dollar:


A) Americans should find Japanese goods are now less expensive.
B) Japanese residents would find Japanese goods are relatively less expensive than American goods.
C) U.S. goods should have an easier time competing against Japanese goods in both countries.
D) Japanese goods should have an easier time competing against U.S. goods in both countries.

Correct Answer:

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