Question: Suppose the U . S . dollar substantially depreciates against the Japanese yen. The change in exchange rate Multiple Choice will tend to strengthen the

Suppose the U.S. dollar substantially depreciates against the Japanese yen. The change in exchange rate
Multiple Choice
will tend to strengthen the competitive position of import-competing U.S. car makers.
will tend to weaken the competitive position of import-competing U.S. car makers.
none of the options
will tend to strengthen the competitive position of Japanese car makers at the expense of U.S. makers.

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