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Assume that Japan and the United States frequently trade with each other. Under a freely floating exchange rate system, high inflation in the United States

Assume that Japan and the United States frequently trade with each other. Under a freely floating exchange rate system, high inflation in the United States will place pressure on the Japanese yen, ______ the amount inflation in Japan. of Japanese yen available for sale, and result in downward; reduce; unchanged upward; reduce; unchanged downward; increase; higher upward; increase; higher
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Assume that Japan and the United States frequently trade with each other. Under a freely floating exchange rate system, high inflation in the United States will place pressure on the Japanese yen, the amount of Japanese yen available for sale, and result in inflation in Japan. dowrward; reduce; unchanged upward; reduce; unchanged downward: increase: higher upward increase, higher

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