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If the Real Exchange Rate Depreciates from 1 Japanese Good

Question 72

Multiple Choice

If the real exchange rate depreciates from 1 Japanese good per U.S. good to 0.5 Japanese good per U.S. good, then U.S. exports ______ and U.S. imports ______.


A) increase; increase
B) decrease; decrease
C) increase; decrease
D) decrease; increase

Correct Answer:

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