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>> No.21244431 [View]
File: 137 KB, 1273x824, japan trade balance.jpg [View same] [iqdb] [saucenao] [google]
21244431

>>21244336
>wouldn't that affect the cost of living there?
Only if they heavily depended on imports but Japan is a country with a positive trade balance so a weaker local currency favors them because whatever they lose on mor expensive imports is more than made back with increased exports.

They're also a high end electronics producer, so having foreign electronics (the one thing that fucks up most countries) to become more expensive favors their local market.

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