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Question 8 If the JPY / USD exchange rate goes from 1 4 0 . 5 7 8 to 1 3 8 . 6 1

Question 8
If the JPY/USD exchange rate goes from 140.578 to 138.610
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There is no impact on relative value change between Japanese yen and US dollar.
The yen has appreciated relative to the dollar
The dollar has depreciated relative to the yen
The yen has depreciated relative to the dollar, and dollar has appreciated relative to the yen.
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