Question: Exchange rate basics Suppose that yesterday, the U . S . dollar - Japanese yen exchange rate was $ 1 = Y 0 . 6

Exchange rate basics
Suppose that yesterday, the U.S. dollar-Japanese yen exchange rate was $1=Y0.653546. The price of one Japanese yen in terms of a U.S. dollar was
Suppose that today the U.S. dollar-Japanese yen exchange rate rises to $1=0.738637 for one dollar. This means that between yesterday and today, the U.S. dollar has against the Japanese yen. The price of a Mexican peso in terms of the U.S. dollar is now
Exchange rate basics Suppose that yesterday, the

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