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Suppose that Toyota is going to feel an exchange-rate pinch because the yen is widely anticipated to appreciate against the dollar, reaching 70 yen per
Suppose that Toyota is going to feel an exchange-rate pinch because the yen is widely anticipated to appreciate against the dollar, reaching 70 yen per dollar for many years to come. What can Toyota do to exploit/address this long-run change that it expects will persist for decades? Group of answer choices Buy forward contracts before the anticipated appreciation to lock in today's 90 yen per dollar rate for the next decade or two. Establish production locations outside Japan Concentrate sales in Japan rather than export markets, since Toyota will still be competitive at home
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