Situation regarding the trading partners

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Reference no: EM13998601

Consider the following situation regarding the trading partners Hong Kong, Japan, and the United States: Hong Kong’s currency is pegged to the U.S. dollar; the Japanese currency (the yen) appreciates relative to the U.S. dollar.

How would Hong Kong exports to Japan be impacted?

How would Hong Kong exports to the United States be impacted?

Reference no: EM13998601

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