sarahsmiles8310 sarahsmiles8310
  • 01-08-2019
  • Business
contestada

Suppose the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen. What would happen to the prices of American goods in Japan?

Respuesta :

francocanacari
francocanacari francocanacari
  • 07-08-2019

Answer:

If the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen, American goods in Japan would increase their prices. This is so because more yen would be necessary to buy the same product. For example, if an American product cost $1, a Japanese could buy it with 100 Yen, but after the change in the exchange rate, it would cost 110 Yen.

Answer Link

Otras preguntas

Use parentheses to make the equation true: 9-8x2-1=3
A square has a perimeter of 28 feet. What is its area?
What is the propre punctuatuon for this sentence This companys policy has alwats been to invite clients to its annual picnic
Big bend national park  has about  870 oak trees. Brazos   bend state park has about  565 oak trees. About how many more oak trees does big bend national park h
How are work, force, and distance related?
Which  is larger a zinc atom or a zinc ion? explain
2xy+xy-3x+x what is that
2xy+xy-3x+x what is that
What is the square root of 13 squared
What is 4 x 3/4 simplest form?