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Other things equal, a real appreciation of the US dollar against the Japanese Yen will tend to: Other things equal, a real appreciation of the

Other things equal, a real appreciation of the US dollar against the Japanese Yen will tend to:

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Other things equal, a real appreciation of the US dollar against the Japanese Yen will tend to: O (a) Increase US exports to Japan and reduce US imports from Japan. O (b) Decrease US exports to Japan and increase US imports from Japan. O (c) Increase the level of PAE for the US economy. O (d) Decrease the level of PAE for the US economy. O (e) Both (b) and (d)

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