Question: Suppose that the exchange rate changes from $1.32 = 1 to $0.93 = 1, what does this mean for the U.S dollar? Suppose instead that

Suppose that the exchange rate changes from $1.32 = 1 to $0.93 = 1, what does this mean for the U.S dollar?

Suppose instead that the exchange rate changes from $1.83 = 1 to $2.00 = 1, what does that mean for the Japanese Yen?

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