The U.S.and Japan heavily trade with each other.Which of the following is TRUE?
A) U.S.prices increase ⇒ U.S.exports increase ⇒ Japanese prices decrease.
B) U.S.prices increase ⇒ U.S.imports increase ⇒ Japanese prices increase.
C) U.S.prices decrease ⇒ U.S.imports increase ⇒ Japanese prices increase.
D) U.S.prices decrease ⇒ U.S.exports decrease ⇒ Japanese prices increase.
Correct Answer:
Verified
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