***30 points easy if you know economics*** if yesterday one u. s. dollar could be exchanged for 120 japanese yen, while today a u. s. dollar can be exchanged for 118 yen, this means that the u. s. dollar has against the yen and imports from japan became a) depreciated; less expensive b) appreciated; more expensive c) depreciated; more expensive d) appreciated; less expensive

Hi!

So if the exchange rate between the dollar and the yen changed from 120 yen to 1 dollar to 118 yen to 1 dollar, then that means it depreciated against the yen. The reason is because it fell in value; it took less yen to get a dollar, and you get less yen when you give a dollar.

Therefore, imports from Japan became more expensive as you would have to pay more US dollars to get the same amount of yen.

So your answer is C.

Hope this helped!

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