Which of the following situations would most likely occur if the dollar’s exchange value dropped in relation to the Japanese yen

Question

2 years ago

12

Which of the following situations would most likely occur if the dollar’s exchange value dropped in relation to the Japanese yen

? A. US citizens would be able to travel to Japan more cheaply. B. Imported Japanese goods would become more expensive. C. The US would export fewer products to Japan. D. Fewer Japanese tourists would travel to the US. Please select the best answer from the choices provided A B C D

History

2 answers:

eimsori [14] · Answer 1 · 2022-08-10T12:58:27+03:00

eimsori [14]2 years ago

8 0

Your answer should b B: imported Japanese goods would become more expensive.

Novay_Z [31] · Answer 2 · 2022-08-10T15:20:34+03:00

Answer:

B. Imported Japanese goods would become more expensive.

Explanation:

Exchange rates show the value of one country's currency in relation to other countries' currencies. In that respect, if the value of the US dollar declined in relation to the Japanese yen, then it would take more dollars to obtain yens. As a consequence, the cost of Japanese products would be higher.