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If the Cost of Yen Per Dollar Changes from 100

Question 29

Multiple Choice

If the cost of yen per dollar changes from 100 to 110 yen per dollar,


A) the yen has appreciated against the dollar.
B) the dollar has depreciated against the yen.
C) the dollar has appreciated against the yen.
D) the cost of a yen has increased in terms of dollars.

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