# japan

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Using demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese yen from: a decrease in Japanese interest rates
The yen depreciates, and the pound appreciates

b. The yen appreciates, and the pound depreciates

c, The yen depreciates, and the pound depreciates

d. The yen appreciates, and the pound appreciates

• japan -

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