If yesterday one U.S. dollar could be exchanged for 120 Japanese yen, while today a U.S. dollar can be exchanged for 118 yen, this means that the U.S. dollar has _____ against the yen and imports from Japan became _____.
A) appreciated; more expensive
B) appreciated; less expensive
C) depreciated; more expensive
D) depreciated; less expensive
Correct Answer:
Verified
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