When the dollar price of yen increases,Honda automobiles from Japan become cheaper to U.S.residents.
When the dollar price of yen increases,Honda automobiles from Japan become more expensive to U.S.residents because they are priced in yen.

Question

Quizplus · Accepted Answer

When the dollar price of yen increases, it means that the value of the yen has gone up relative to the dollar. As a result, it takes fewer yen to buy one dollar. This means that Honda automobiles priced in yen would become cheaper for residents of Japan, but more expensive for U.S. residents who have to exchange their dollars for yen to buy the cars. Therefore, the statement is false.

When the Dollar Price of Yen Increases,Honda Automobiles from Japan