Suppose the U.S.dollar substantially depreciates against the Japanese yen.The change in exchange rate

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A significant depreciation of the U.S. dollar against the Japanese yen can have significant economic consequences for both U.S. and Japanese firms. U.S. firms that export to Japan may find it harder to compete with Japanese firms because their products become more expensive in Japan, while Japanese firms that export to the U.S. may find that their products become cheaper and more competitive. This can lead to changes in trade flows and potentially affect employment and economic growth in both countries. Additionally, changes in exchange rates can impact the profits and costs of multinational companies that operate in both countries.