Question: In 2011, Japan was hit by a powerful earthquake. Using the tools that you have learned from this course, describe how the Japanese yen moves

In 2011, Japan was hit by a powerful earthquake. Using the tools that you have learned from this course, describe how the Japanese yen moves (depreciation or appreciation against Australian dollar) and why; and what Japanese central bank can do to handle this crisis and how it will affect Japanese money market and foreign exchange market; how the Japanese policy may affect Australian economy.

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