"If the Japanese are preparing to compete at ______ yen to the dollar, the U.S. must be ready to compete at ________ yen. Until we are, we delude ourselves."   a. 130; 90   b. 90; 130   c. 130; 130   d. 90;    90

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 42CTQ: Some economists warn that the persistent trade deficits and a negative current account balance that...
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Economics

"If the Japanese are preparing to compete at ______ yen to the dollar, the U.S. must be ready to compete at ________ yen. Until we are, we delude ourselves."

  a.

130; 90

  b.

90; 130

  c.

130; 130

  d.

90;    90

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