What will happen if the price of US dollars declines considerably against the Japanese yen,
then:
a) It is always because of US government interference
b) It is always because of Japanese government interference
c) Japanese goods are relatively cheaper for US consumers
d) US goods are relatively cheaper for Japanese consumers.
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Answer:
If the price of US dollars declines considerably against the Japanese yen,then US goods will become relatively cheaper for Japanese consumers.
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if two variables , X,andY are said to be cointegrated ,which of the following statements are true
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