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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (35739)	7/4/2003 9:33:18 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Maurice, <<Big Mac test>> ... economist.com shows to me that a exchange rate that evens out of Japan-China bigMac pricing will not likely do much of anything for Japanese export vs Chinese export, because they export different things. In such a construct, Japan will do better if they keep their money dear, so that they can buy more with less, bleed longer, before gurgling. <<A melon in Japan isn't just a piece of fruit>> ... you are of course correct; a melon in Japan is an expensive piece of fruit. Chugs, Jay