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From 1990 to 1996, the value of the Japanese yen relative to the U.S. dollar increased by almost 40%. Assuming that the yen and dollar prices in Japan and the United States did not change, U.S. products became 40% than Japanese products for Japanese consumers. Which of the following describe the Japanese manufacturers' best strategic responses to the currency appreciation? Check all that apply. Establish integrated manufacturing bases abroad Increase the prices of their product to realize the additional revenue Shift production from manufacturing bases abroad back home Cut the product prices to realize falling unit-profit margins

From 1990 to 1996, the value of the Japanese yen relative to the U.S. dollar increased by almost 40%. Assuming that the yen and dollar prices in Japan and the United States did not change, U.S. products became 40% than Japanese products for Japanese consumers. Which of the following describe the Japanese manufacturers' best strategic responses to the currency appreciation? Check all that apply. Establish integrated manufacturing bases abroad Increase the prices of their product to realize the additional revenue Shift production from manufacturing bases abroad back home Cut the product prices to realize falling unit-profit margins

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter6: Managing In The Global Economy
Section: Chapter Questions
Problem 7E
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From 1990 to 1996, the value of the Japanese yen relative to the U.S. dollar increased by almost 40%. Assuming that the yen and dollar prices in Japan and the United States did not change, U.S. products became 40% than Japanese products for Japanese consumers. Which of the following describe the Japanese manufacturers' best strategic responses to the currency appreciation? Check all that apply. 0 0 00 Establish integrated manufacturing bases abroad Increase the prices of their product to realize the additional revenue Shift production from manufacturing bases abroad back home Cut the product prices to realize falling unit-profit margins
Transcribed Image Text:From 1990 to 1996, the value of the Japanese yen relative to the U.S. dollar increased by almost 40%. Assuming that the yen and dollar prices in Japan and the United States did not change, U.S. products became 40% than Japanese products for Japanese consumers. Which of the following describe the Japanese manufacturers' best strategic responses to the currency appreciation? Check all that apply. 0 0 00 Establish integrated manufacturing bases abroad Increase the prices of their product to realize the additional revenue Shift production from manufacturing bases abroad back home Cut the product prices to realize falling unit-profit margins
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