Question
If the exchange rate decreases from 110 yen/$ to 100 yen/$, it means that the value of Japanese yen had _____ against U.S. dollar and
If the exchange rate decreases from 110 yen/$ to 100 yen/$, it means that the value of Japanese yen had _____ against U.S. dollar and dollar had ____ against yen.
| a. strengthened; weakened | |
| b.strengthened; strengthened | |
| c.weakended; weakened | |
| d. weakened; strengthened | |
| e.unchanged; unchanged |
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
