MCQOPTIONS
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| 1. |
Due to Japan’s high saving rate, suppose that the Japanese invest abroad. This investment may result in a/an _______ of the Japanese yen and therefore a for Japan? |
| A. | appreciation; trade surplus |
| B. | appreciation; trade deficit |
| C. | depreciation; trade surplus |
| D. | depreciation; trade deficit |
| Answer» D. depreciation; trade deficit | |