Question: Why would Japanese residents demand U.S. dollars? Why would U.S. residents demand Japanese yen? Draw a graph of the market for the U.S. dollar relative

Why would Japanese residents demand U.S. dollars? Why would U.S. residents demand Japanese yen? Draw a graph of the market for the U.S. dollar relative to the Japanese yen. In August 2014, the between the U.S. dollar and the Japanese yen was 102.04 yen per 1 U.S. dollar. This is from the same source as in footnote #6.

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