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1. What are the explanations of the recent appreciation of the Swiss franc and Japanese yen?
2. What are the consequences thereof on the Swiss and Japanese economies?
3. How can Japanese and Swiss corporations sort out the volatility of their domestic currency?
4. What can these countries’ central banks do to alleviate the issue? What are the pros and cons of such measures?
Total answers must be about (1000 words).
4 references at lest