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Assume the exchange rate between the dollar and yen is80= $1. Suppose that the exchange rate changes to75 =$1. As a result of thechange, there
Assume the exchange rate between the dollar and yen is80= $1. Suppose that the exchange rate changes to75 =$1. As a result of thechange, there willbe:
A.
the same number of Japanese goods sold in Australia and less Australian goods sold in Japan.
B.
more Japanese goods sold in Australia and less Australian goods sold in Japan.
C.
less Japanese goods sold in Australia and more Australian goods sold in Japan.
D.
more Japanese goods sold in Australia and the same amount of Australian goods sold in Japan.
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