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Suppose a U.S. made machine costs $500 and the exchange rate between the US dollar and theJapanese yen is 100 yen = $1. Now the
Suppose a U.S. made machine costs $500 and the exchange rate between the US dollar and theJapanese yen is 100 yen = $1. Now the exchange rate changes to 90 yen = $1. Then the: CA) machine would now cost more than US$500 for all consumers machine would now cost thejapanese citizen less yen yen has depreciated in value @ the machine would now cost theJapanese citizen more yen
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