A currency trader expects the Japanese yen exchange rate to be 1 1 0 JPY per USD
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Question:
A currency trader expects the Japanese yen exchange rate to be JPY per USD in the
near future. The spot rate currently reads JPY per USD.
A According to the trader, is the yen expected to get stronger or weaker?
B What would you estimate is the diference between the inflation rates of the United States
and Japan?
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