In a world with only two countries, if Japan reduces the value of the yen by 20% and West Germany lowers the mark's value by 15%, what is the outcome for the yen relative to the mark?

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Both currencies experience an increase in valueBoth currencies undergo a decrease in valueThe yen strengthens compared to the markThe yen weakens compared to the markNo change occurs in the exchange rate between the yen and the mark

Explanation

Since Japan devalues the yen by a larger percentage (20%) than West Germany devalues the mark (15%), the yen loses more value relative to the mark. Therefore, the yen depreciates against the mark.