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Assume the following to be true: Exports contracts are denominatedin foreign currency ( yen) mports contracts are denominated in foreign currency ( yen) After the

Assume the following to be true:

Exports contracts are denominatedin foreign currency ( yen)

mports contracts are denominated in foreign currency ( yen)

After the devaluation of US $ againstYen , What will happen to UStrade balance following a devaluation of the US $( in US $ value)

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