Jainspray1824 Jainspray1824
  • 21-04-2024
  • Business
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In the foreign exchange market, what could be a consequence of an increase in the purchase of equity shares in Toyota, a Japanese automobile firm, by U.S. residents?
a) Depreciation of the Japanese yen
b) Appreciation of the Japanese yen
c) No impact on currency exchange rates
d) Increase in trade deficits

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