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If the Price of Yen in Terms of Canadian Dollars

Question 29

Multiple Choice

If the price of yen in terms of Canadian dollars rises,then:


A) the yen price of dollars also rises
B) the dollar depreciates relative to the yen
C) the yen depreciates relative to the dollar
D) the yen price of dollars rises then falls
E) the yen price of dollars stays the same

Correct Answer:

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