Imagine that the value of the US dollar remains high compared to the Japanese yen for many months. What effect will this most li

Question

3 years ago

7

Imagine that the value of the US dollar remains high compared to the Japanese yen for many months. What effect will this most li

kely have on the amount of goods the US imports from Japan? A. The US will import more from Japan. B. The US will import slightly less from Japan. C. The US will buy more from other countries. D. The value of the dollar does not affect how much the US imports. Please select the best answer from the choices provided A B C D

Social Studies

1 answer:

Maru [420] · Answer 1 · 2022-09-28T16:13:30+03:00

Answer:

A. The US will import more from Japan.

Explanation:

The United States will import more products from Japan because they can buy more for the same amount of money. What is more, as the dollar is high in comparison with the yen, the Japanese products will be cheaper for the United States of America, which leads to an increase in the volume of importations from Japan.