The Government Just Released International Exchange Rate Statistics and Reported

The government just released international exchange rate statistics and reported that the real effective exchange rate index for the U.S. dollar vs. the Japanese yen decreased from 105 last year to 95 currently and is expected to fall still further in the coming year. Other things equal, U.S. ________ to/from Japan think this is good news, and U.S. ________ to/from Japan think this is bad news.

A) importers; exporters
B) importers; importers
C) exporters; exporters
D) exporters; importers

Correct Answer:

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