11.   A lower yen tends to make Japanese exports more competitive aboard, and thus helping boost earnings of export-dependent Japanese companies.

12.   A higher yen tends to make Japanese exports more expensive abroad and thus less competitive, while making imports in Japan cheaper.

13.   A higher yen tends to make Japanese exports more expensive abroad, and less competitive, cutting into corporate earnings.

14.   A higher yen tends to make Japanese exports more expensive abroad.

15.   A higher yen tends to make Japanese exports more expensive and less competitive abroad.

16.   A higher yen tends to make Japanese companies raise prices abroad, eating into earnings of export-dependent Japanese companies.

17.   A higher yen tends to make Japanese exports more expensive aboard and thus less competitive, while making imports cheaper in Japan.

18.   A higher yen tends to make Japanese exports more expensive abroad and less competitive, while making imports cheaper in Japan.

19.   A higher yen tends to make Japanese exports more expensive abroad and less competitive, while making imports in Japan cheaper.

20.   A higher yen tends to make Japanese exports more expensive abroad and thus less competitive, cutting into earnings of exporters when converted into the yen.