Asked by matheus castro on Jun 01, 2024
Verified
Holding other things constant,if the Japanese Yen,depreciates,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
Depreciates
The process by which an asset loses value over time, typically due to wear and tear or obsolescence.
- Assess the economic impact of currency movements on pricing and import/export attractiveness.
- Acquire knowledge on the impact of currency value changes on import and export transactions.
Verified Answer
BG
Braden GourleyJun 04, 2024
Final Answer :
A
Explanation :
When the Japanese Yen depreciates, it means that it takes more Yen to buy the same amount of foreign currency. This makes imported goods more expensive for Japanese customers, as they have to spend more Yen to purchase these goods.
Learning Objectives
- Assess the economic impact of currency movements on pricing and import/export attractiveness.
- Acquire knowledge on the impact of currency value changes on import and export transactions.
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