If the yen appreciates and the dollar depreciates, the U.S. dollar price of Japanese imports will tend to
A)fall.
B)remain the same.
C)rise.
D)None of the above

Question

Quizplus · Accepted Answer

When the yen appreciates and the dollar depreciates, it means that it takes more dollars to buy the same amount of yen. Therefore, the cost in U.S. dollars for goods imported from Japan (priced in yen) will increase, making Japanese imports more expensive in the U.S.

If the Yen Appreciates and the Dollar Depreciates, the U