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The US and Japan Have Significant Trade with Each Other

Question 186

Multiple Choice

The U.S. and Japan have significant trade with each other. Which of the following is true?


A) U.S. prices increase ⇒ U.S. exports increase ⇒ Japanese prices decrease.
B) U.S. prices increase ⇒ U.S. imports increase ⇒ Japanese prices increase.
C) U.S. prices decrease ⇒ U.S. imports increase ⇒ Japanese prices increase.
D) U.S. prices decrease ⇒ U.S. exports decrease ⇒ Japanese prices increase.

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