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You noticed that the exchange rate between the Japanese yen and the US dollar changed considerably. In particular, the $:yen exchange rate changed from 130

You noticed that the exchange rate between the Japanese yen and the US dollar changed considerably. In particular, the $:yen exchange rate changed from 130 to 105.

a) By what percentage did the value of the US dollar change with respect to the Japanese yen?

b) Would you agree that over this period, goods from the US became cheaper for Japanese, and why?

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