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To: russwinter who wrote (66034)3/18/2001 10:16:20 PM
From: Hawkmoon  Respond to of 116871
 
1. A huge increased energy bill. They are totally dependent on outside oil, and it is PRICED IN US DOLLARS

Yes,.. but the bet on their parts would be that the increased percentage of market share for their exports would counter any costs suffered by higher fuel prices.

And since Japan is heavily powered by nuclear energy (40% of all power), this would tend to lessen any impact from higher energy prices. However, since China and the rest of Asia would have to counter any devaluation in the Yen, they would suffer more profoundly from a strong dollar and higher energy prices.

eia.doe.gov