You are a Japanese company that manufactures laptops in Japan. Your business model is mainly export based; you export to China. You also import the chips for your laptops from India. Think about and answer the following questions:

.A. If there was a 20% appreciation in the Yen (Japanese currency) as compared to the Chinese Yuan, how would this impact your laptop business?

B. If there was a 50% depreciation in the Indian Rupee as compared to the Yen, how would this impact your laptop business? (Hint: Remember you import chips from India).