If the Canadian dollar changes from $1 = ¥200 to $1 = ¥100,then:

Question

Quizplus · Accepted Answer

When the exchange rate between the Canadian dollar and yen changes from $1 = ¥200 to $1 = ¥100, it means that the Canadian dollar can now buy fewer yen than before. This indicates that the Canadian dollar has depreciated relative to the yen, making Japanese goods relatively more expensive for Canadians to purchase and Canadian goods relatively cheaper for Japanese consumers to purchase.

If the Canadian Dollar Changes from $1 = ¥200 to $1