Given a two-country world, suppose Japan devalues the yen by 20 percent and west German devalues the mark by 15 percent This result is a (an)?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

appreciation in the value of both currencies

TuteeHUB · Answer

depreciation in the value of both currencies

TuteeHUB · Answer

appreciation in the value of the yen against the mark

TuteeHUB · Answer

depreciation in the value of the yen against the mark

1.	Given a two-country world, suppose Japan devalues the yen by 20 percent and west German devalues the mark by 15 percent This result is a (an)?
A.	appreciation in the value of both currencies
B.	depreciation in the value of both currencies
C.	appreciation in the value of the yen against the mark
D.	depreciation in the value of the yen against the mark
Answer» E.

Discussion