Who would benefit if the exchange rate with yen (in U. S. dollars) increased (i. e. one dollar can buy more yens)?

The answer is US consumers

Explanation:

Exchange rate is the rate at which a country can exchange its currency with another country’s currency.

An increase in the exchange rate of dollar with Yen discourages the Japanese from buying american goods.

Since US dollar is appreciating in relative to Japanese Yen, US consumers will benefit since they are buying the goods at a now cheaper rate.

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answer; rapid growth in buyer demand and high buyer switching cost;