Asked by Simran Pasricha on Sep 24, 2024
Verified
Holding other things constant,if the Japanese Yen,appreciates,it makes the imports to Japan
A) More expensive for Japanese customer
B) Less expensive for Japanese customers
C) Neither more or less expensive for importers
D) None of the above
Appreciates
An increase in the value of an asset or currency over time, often due to factors like demand, inflation, or changes in interest rates.
- Comprehend the consequences of currency appreciation and depreciation on the dynamics of imports and exports.
Verified Answer
AC
Anthony Carrillo4 days ago
Final Answer :
B
Explanation :
When the Japanese Yen appreciates, it gains value relative to other currencies. This means that Japanese customers can buy more foreign goods for the same amount of yen, making imports less expensive for them.
Learning Objectives
- Comprehend the consequences of currency appreciation and depreciation on the dynamics of imports and exports.
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