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

eight Bluefin tuna comprise 5% of the total tuna catch. How many tuna were caught in total?
Find the remainder when 2x^4-6x^3+2x^2-x+2 is divided by x+2
Which word correctly completes the sentence? The white-tailed __________ fawn followed closely by her side.  A.deer's  B.deers  C.deers'
how do you multiply and divide equations?
What Is the Richest Country in the World?
How do you use Bill of rights in a sentence
90 < x < 180 is my range and my answer is 0.6 for it to be correct is it positive or negative?
what is a prefix for dote?
A uniform wire is cut into 4 segments. Each segment is twice as long as the earlier segment. If the shortest segment has a resistance of 4 ohm, find the resista
Find the remainder when 2x^4-6x^3+2x^2-x+2 is divided by x+2