sarahsmiles341 sarahsmiles341
  • 21-07-2020
  • Business
contestada

Who would benefit if the exchange rate with yen (in U.S. dollars) increased (i.e. one dollar can buy more yens)?

Respuesta :

tutordamola
tutordamola tutordamola
  • 24-07-2020

Answer:

The answer is US consumers

Explanation:

Exchange rate is the rate at which a country can exchange its currency with another country’s currency.

An increase in the exchange rate of dollar with Yen discourages the Japanese from buying american goods.

Since US dollar is appreciating in relative to Japanese Yen, US consumers will benefit since they are buying the goods at a now cheaper rate.

Answer Link

Otras preguntas

which property describes a material 's ability to conduct heat?
In what way does the arrangement of the periodic table tell you information about the elements
Quick, quick, quick Under the terms of the Compromise of 1850, what was the decision about slavery in new states? A.) Popular sovereignty would be used to decid
Write the phrase as an elgebric expression. 6 less than a number times 11. ​
how could a scientist demonstrate ethical behavior?by using data collected by another scientist and not crediting the scientist.by videotaping participants and
If the green nitrogen base in the DNA model represents adenine, the blue nitrogen base COULD represent
What do the numbers after the arrows represent
Question 4 pleasee help me
(8) The general pattern of the prints is verified first. What kind of phrase is of the prints in sentence 8? A) verb phrase B) absolute phrase C) infinitiv
Please help me with question 9 please