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

The ratio of red ribbons to green ribbons is 4 to 6.If these are total of 32 red ribbons, then how many green ribbons are there?Please I need the answer today
The Supreme Court has said this regarding freedom of religion: "The freedom of religion embraces (deals with) two concepts (ideas)-the freedom to believe and t
organized study of how the natural world works WILL MARK AS BRAINLIEST!!
The Marshall plan Please help me with this
I need help simplifying this radical expression
Combine like terms- 4-2x+5x
Who was the best knownmember of the IndianNational Congress? Whydoes he stand out?any help will be appreciated. Thank you!​
Yoo please help this is Percy Jackson lightning thief chapter 7
If f(9) = 8, then f -(8) =
The international standard letter/number mapping for telephones is: Write a function that returns a number, given an uppercase letter, as follows: def getNumber