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The decline in the value of the yen relative to the dollar will have what impact

ID: 2724581 • Letter: T

Question

The decline in the value of the yen relative to the dollar will have what impact on the purchase of U.S. goods in Japan?

A. U.S. goods will increase in cost, and Japan will import more.

B. U.S. goods will increase in cost, and Japan will import less.

C. U.S. goods will decrease in cost, and Japan will import more.

D. U.S. goods will increase in cost, and Japan will export less.

A. U.S. goods will increase in cost, and Japan will import more.

B. U.S. goods will increase in cost, and Japan will import less.

C. U.S. goods will decrease in cost, and Japan will import more.

D. U.S. goods will increase in cost, and Japan will export less.

Explanation / Answer

The answer is Option B.

U.S. goods will increase in cost, and Japan will import less

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