Suppose That in 2002 the Exchange Rate Between the Canadian

Multiple Choice

Suppose that in 2002 the exchange rate between the Canadian dollar and the Japanese yen was
$1 = 220 yen,and in 2012 it was $1 = 100 yen.
-Refer to the above information.Which one of the following might be a plausible explanation for the change in the dollar-yen exchange rate cited in the previous question?

A) Japan exported far more to Canada during this period than it imported from Canada.
B) Japan greatly increased its purchases from Canada during this period.
C) Japan's economy grew far faster than the Canadian economy during this period.
D) Japan's government devalued the yen during this period.