sarahsmiles8310 sarahsmiles8310
  • 01-08-2019
  • Business
contestada

Suppose the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen. What would happen to the prices of American goods in Japan?

Respuesta :

francocanacari
francocanacari francocanacari
  • 07-08-2019

Answer:

If the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen, American goods in Japan would increase their prices. This is so because more yen would be necessary to buy the same product. For example, if an American product cost $1, a Japanese could buy it with 100 Yen, but after the change in the exchange rate, it would cost 110 Yen.

Answer Link

Otras preguntas

Match each of these items with the best possible definition
Write an equation for a circle with center at (–7, 10) and diameter = 6.
Which belief system emerged as a philosophy of social conduct rather than as a belief in one or more deities? A.Jainism B.Confucianism C.Hinduism
One gene controls the synthesis of one _____.
help solve please thanks
If rybirens (which each have 9 flowers) and figilbuttons (which each have 7 flowers). he says to his friend, i count 87 plants and 713 flowers. how many rybiren
HELP PLEASSEEE Study the image above. Which of the following would you place in the section labeled "H"? approves and carries out the laws includes the courts
Which of the following was a source of conflict between the ancient Romans and the Jewish people of Judea?
Read the excerpt from Part 2 of The Odyssey. take these cheeses, get them stowed, come back, throw open all the pens, and make a run for it? We'll drive the kid
in terms of electrons, what happens when sodium oxide is formed?