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2.The USD appreciates 2% versus the JPY. The USD appreciates 4% versus the MXN. What is the approximate appreciation or depreciation we might see in

2.The USD appreciates 2% versus the JPY. The USD appreciates 4% versus the MXN. What is the approximate appreciation or depreciation we might see in the JPY/MXN cross exchange rate?

Fill in the blanks: The JPY/MXN cross rate should ______________ about ______________ percent

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