All other things equal what should happen to the value of Japanese yen if there is an increased appetite by Americans for Japanese-produced cars? Does this make Japanese cars more expensive or less expensive? Why?

Question

Quizplus · Accepted Answer

The Answer is The increased demand for Japanese-produced cars will increase the demand for the Japanese yen and cause it to appreciate. This effectively means that Japanese cars will become more expensive to American consumers.

All Other Things Equal What Should Happen to the Value