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Rken Rken
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Posts: 403
Rep: 3 0
6 years ago
If the exchange rate between the United States and Japan changes from $1 = 100 yen to $1 = 110 yen, then, ceteris paribus, the price of American goods in Japan
A) will decrease.
B) will remain the same.
C) will increase.
D) could either increase or decrease.
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goldlilysgoldlilys
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Posts: 704
6 years ago
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Rken Author
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6 years ago
Thanks for your help!!
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Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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