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6) A currency trader expects the Japanese yen exchange rate to be 110JPY per USD in the near future. The spot rate currently reads

6) A currency trader expects the Japanese yen exchange rate to be 110JPY per USD in the near future. The spot rate currently reads 115JPY per USD. A) According to the trader, is the yen expected to get stronger or weaker? B) What would you estimate is the difference between the inflation rates of the United States and Japan?

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