16. Nissho Iwai American Corporation is the American arm of a large Japanese trading company that deals in everything from steel to tuna fish. Assess the credit risk implications for Nissho Iwai of a 30% rise in the dollar value of the yen.
ANSWER. Yen appreciation makes Nissho Iwai's products less competitive in the U.S. market. The greater the extent to which Nissho deals in ...
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