1 Why are most trades between the Japanese yen and the Mexican peso

 

made through U.S. dollars?

 

 

 

2. Explain why the peso fell in value against the Japanese yen during

 

2016. How predictable was this fall?

 

 

 

3. What were the benefits of the fall in the value of the peso against the

 

yen for Mexican companies? What were the costs?