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Suppose Japan runs a trade deficit. Other things being equal, if the Japanese yen appreciates against other currencies in the exchange markets, this will Group

Suppose Japan runs a trade deficit. Other things being equal, if the Japanese yen appreciates against other currencies in the exchange markets, this will Group of answer choices have no effect on the Japanese balance of trade. tend to worsen the Japanese balance of trade because Japanese exports will become cheaper. tend to improve the Japanese balance of trade because Japanese imports will become more expensive. None of these is correct

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