Ask Question
BusinessBusiness
Today, 18:43

Suppose the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen. What would happen to the prices of American goods in Japan?

+2
Answers (1)
  1. Today, 20:38
    0
    If the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen, American goods in Japan would increase their prices. This is so because more yen would be necessary to buy the same product. For example, if an American product cost $1, a Japanese could buy it with 100 Yen, but after the change in the exchange rate, it would cost 110 Yen.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen. What would happen to the prices of American goods ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes a a. debit to Cash b. credit to Customer Refunds Payable c. debit to Merchandise Inventory d. credit to Merchandise Inventory
Answers (1)
Should the United States acced to the United Nations Law of the Seas without reservations?
Answers (1)
Quinlan has ample E & P to cover any distributions made during the year. One distribution made to a shareholder consists of property with an adjusted basis of $150,000 and a fair market value of $90,000.
Answers (1)
Assume that the average margin of maintenance service firms is 2.5%, and that the average roi for such firms is 17%. calculate the net income, sales, and asset turnover that manyops, inc.
Answers (1)
Suppose the working-age population of a fictional economy falls into the following categories: 450 are retired or homemakers; 600 have full-time employment; 200 have part-time employment;
Answers (1)
New Questions in Business
Joe has $100,000 in an investment account. He is looking to retire in 12 years. He needs a minimum of $240,000 in order to retire. What rate of return does Joe need to make on his investment in order to be able to retire?
Answers (1)
Toombs Media Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $160 per share. The firm's total market value was unchanged by the split.
Answers (1)
In the micro frame analysis of intercultural conflict, you focus on
Answers (1)
If Rosa expects interest rates to fall for the next 10 years, she should invest her money in? A) 10 year bonds B) treasury bills C) one year cd D) money market account
Answers (1)
The following data has been provided for a compan most recent year of operations: Return on investment 40 % Average operating assets $ 45,000 Minimum required rate of return 19 % The residual income for the year was closest to: Multiple Choice: A.
Answers (1)
Home » Business » Suppose the exchange rate between the US and Japan changes from $1=100 yen to $1=110 yen. What would happen to the prices of American goods in Japan?
Sign Up Forgot Password?