How Low Can the Yen Go?

How Low Can the Yen Go?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the depreciation of the Japanese yen, which has fallen significantly against the dollar, making it undervalued compared to other developed market currencies. This depreciation affects Japanese consumers, who face higher costs abroad, and businesses, which struggle with increased import costs. The government and businesses express mixed feelings about the weaker yen. Future projections suggest further depreciation, with potential impacts on trade deficits and economic stability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Bank of Japan say about the yen's real effective exchange rate?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the median forecast for the yen's value against the dollar next year?

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