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If the exchange rate between the Japanese yen and the U.S. dollar changes from 104.16 to 103.89 yen per dollar, then the dollar has _____
If the exchange rate between the Japanese yen and the U.S. dollar changes from 104.16 to 103.89 yen per dollar, then the dollar has _____ relative to the yen and Japanese goods will become _____ in the United States, everything else held constant.
Select one:
A.appreciated; cheaper
B.depreciated; cheaper
C.appreciated; more expensive
D.depreciated; more expensive
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