(Choose 1 answer)
Suppose the U.S. dollar substantially depreciates against the Japanese yen. The change in exchange rate
A. will tend to weaken the competitive position of import-competing U.S. car makers.
B. will tend to strengthen the competitive position of import-competing U.S. car makers.
C. will tend to strengthen the competitive position of Japanese car makers at the expense of U.S. makers.
D. none of the above
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