Your favorite beer in the world is Sapporo. You read that the Japanese yen has appreciated. Ceteris paribus, you are

Question

Quizplus · Accepted Answer

When the Japanese yen appreciates, it means that it takes more of your local currency to buy the same amount of yen. If you're buying something from Japan, like Sapporo beer, it will cost more in your local currency. Therefore, you would likely be sadder because your favorite beer has become more expensive for you to purchase.

Your Favorite Beer in the World Is Sapporo