41Suppose the Euro substantially depreciates against the Jopanese yen. The change in the exchangeratesut ofSelect one:O a will tend to weaken the competitive position of import-competing European car makers.O b. None of them.O c. will tend to strengthen the competitive position of import-competing European car makers,O d will tend to strengthen the competitive position of Japanese cor makers at the expense ofEuropean car makers.

Here, it is given that the value of euro depreciates against Japanese yen, in the international…

Suppose the Euro substantially depreciates against the Japanese yen. The change in the exchange rate Select one: O a will tend to weaken the competitive position of import-competing European car makers. O b. None of them. O c. ill tend to strengthen the competitive position of import-competing European car makers. O d will tend to strengthen the competitive position of Japanese cor makers at the expense of European car makers.