Asked by ?????? ???????? on Sep 24, 2024
Verified
Holding other things constant,if the Japanese Yen,depreciates,it makes the Japanese products
A) Less attractive to US customers
B) More attractive to US customers
C) Neither more nor less attractive to US customers
D) None of the above
Depreciates
The reduction in the value of an asset over time, typically due to wear and tear or obsolescence.
- Gain an understanding of how currency appreciation and depreciation affect the behavior of import and export activities.
- Analyze how changes in currency rates influence pricing and the attractiveness of import/export activities.
Verified Answer
CJ
Chanavia Johnson2 days ago
Final Answer :
B
Explanation :
When the Japanese Yen depreciates, it makes Japanese products cheaper in comparison to the US products. This, in turn, makes them more attractive and affordable to US customers, resulting in an increase in demand for Japanese products.
Learning Objectives
- Gain an understanding of how currency appreciation and depreciation affect the behavior of import and export activities.
- Analyze how changes in currency rates influence pricing and the attractiveness of import/export activities.
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