Suppose the exchange rate changes so that less japanese yen, Business Economics

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Suppose the exchange rate changes so that less japanese yen

Suppose the exchange rate changes so that less Japanese yen are required to buy a dollar. We would conclude that a. the Japanese yen has appreciated in value b. U.S citizens will buy fewer Japanese imports c. Japanese will demand more U.S. exports d. all of the above e. none of the above

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Business Economics: Suppose the exchange rate changes so that less japanese yen

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