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Suppose that the dollar per euro exchange rate falls from 1.10 to 1.00 (euro depreciates against dollar), and the yen per euro exchange rate falls
Suppose that the dollar per euro exchange rate falls from 1.10 to 1.00 (euro depreciates against dollar), and the yen per euro exchange rate falls from 100 to 80 (euro depreciates against yen). What is the initial and final yen per dollar exchange rate? Did the dollar depreciate or appreciate against the yen
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