If the Japanese yen depreciates against the Australian dollar:
A) Japanese businesses gain by a rise in the dollar price of exports to Australia.
B) Japanese consumers gain by a fall in the yen price of Australian exports to Japan.
C) Japanese consumers lose on account of a rise in the yen price of Australian exports to Japan.
D) Australian consumers lose on account of a rise in the dollar price of Japanese exports to Australia.
Correct Answer:
Verified
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