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

I need help it’s world history
Who proposed 30 different suggestions for why crime remained high in some areas even when there was high population turn-over? emile durkheim fredrick ohlin rod
Describe an object that is transparent. What quality makes it transparent?
What is the simplest form of square root 1,764
which of the following expressions cannot be factored? A. 15x-10 B. 4x+8 C. 3x+8 D. 2x-2
??????????? Neeeeed help
The electric field strength between the plates of a simple air Capacitor is equal to the voltage across the plates divided by the distance between them. When a
What is the scale factor ? And given that QY’ = 4.125 what is QY?
A windmill converts the mechanical energy of wind into _________ energy produced by a generator. A) heat B) nuclear C) chemical D) electrical
pls can u help me with this question​