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Quantity of imports of shoes from japan

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Reference no: EM132491903

The price of Shoes in Japan is Yen 1000. When exchange rate is Yen=$1/100, the Quantity of Imports of Shoes from Japan is 150000.

Today, the exchange rate is Yen=$1/200, and the Quantity of Imports of Shoes from Japan has risen to 200000

What is the elasticity of imports? (Use the situation with Yen=$1/100 as the starting point)

Reference no: EM132491903

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