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What percent would revenue change

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Suppose the Yen/USD exchange rate moves from USD 1 = Yen 110 to USD 1 = Yen 105. If a US exporter to Japan had Yen 100,000,000 in revenues, would its revenue increase or decrease in dollar terms due to the exchange rate change? By what percent would the revenue change? Assume that its revenue in Yen terms remained unchanged at 100,000,000.

Reference no: EM133294438

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