Question

an appreciating yen makes japanese products select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a more expensive in foreign markets. b less expensive in foreign markets. c more expensive in the japanese market. d more expensive in both foreign markets and the japanese market.

Answer 1

An appreciating yen makes Japanese products more expensive in foreign markets.

Step-by-step explanation:

An appreciating yen makes Japanese products

• a) more expensive in foreign markets

When the yen appreciates, it means that the value of the yen increases relative to other currencies. As a result, Japanese products become more expensive when sold in foreign markets. For example, if a Japanese car costs 100,000 yen and the exchange rate is 100 yen/dollar, the car would cost $1,000. But if the yen appreciates and the exchange rate becomes 90 yen/dollar, the car would now cost $1,111.11, making it more expensive for foreign buyers.