The Japanese demand curve for dollars is downward-sloping because a:
A) higher number of yen per dollar means Australian goods are cheaper in Japan.
B) lower number of yen per dollar means Australian goods are cheaper in Japan.
C) lower number of yen per dollar means Australian goods are more expensive in Japan.
D) lower number of yen per dollar means Australian goods are less expensive in Australia.
Correct Answer:
Verified
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