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9 Sep 2018
If the exchange rate between the yen and the dollar changes from 110 yen = $1 to 100 yen = $1, then
A. The dollar has depreciated in value.
B. U.S.-made goods will become more expensive to Japanese citizens.
C. The dollar has appreciated in value.
D. Japanese-made goods will become less expensive to U.S. citizens.
E. There will be a decrease in the demand for dollars in the foreign exchange market.
If the exchange rate between the yen and the dollar changes from 110 yen = $1 to 100 yen = $1, then
A. The dollar has depreciated in value.
B. U.S.-made goods will become more expensive to Japanese citizens.
C. The dollar has appreciated in value.
D. Japanese-made goods will become less expensive to U.S. citizens.
E. There will be a decrease in the demand for dollars in the foreign exchange market.
2 Jun 2021
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