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An Increase in the Exchange Rate Value of the U

Question 3

Multiple Choice

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.

Correct Answer:

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