A 2019 article on autonews.com reporting on Honda Motor Company’s profits noted that “unfavorable foreign exchange rates undercut earnings.” Honda manufactures some cars in the United States and also exports some cars from Japan to the United States. From Honda’s point of view, what is an unfavorable exchange rate—an exchange that requires more yen to buy one U.S. dollar or an exchange rate that requires fewer yen to buy one U.S. dollar? Briefly explain.