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Suppose that the Japanese yen depreciates relative to the U.S. dollar.How does this affect the competitiveness of both Ford and Honda in both the U.S.
Suppose that the Japanese yen depreciates relative to the U.S. dollar.How does this affect the competitiveness of both Ford and Honda in both the U.S. and Japanese markets?Create a numeric example to show how Honda could reduce the dollar price of cars sold in the U.S. and still earn more yen per car compared with the stronger yen and higher dollar price.
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