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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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