MACRO REVIEW
Online ISSN : 1884-2496
Print ISSN : 0915-0560
ISSN-L : 0915-0560
Report
Causes of Variations of Foreign Currency Exchange Rates Unfavorable to Stakeholders on Food Trade into Japan
Shinya KAKUTA
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JOURNAL FREE ACCESS

2009 Volume 22 Issue 1 Pages 19-24

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Abstract
The food-sufficiency rate minimizing total costs and maximizing the food-reserve rate depends significantly on difference between domestic and foreign costs. The origin of the cost difference is an economic-geographic problem. The cost difference varies with foreign exchange rates. Stakeholders on food importation into Japan prefer larger difference between Japanese and foreign production costs. Thus, they prefer stronger yen. Unfavorable to them, however, yen could be weaker, unless Japan became an abroad investing state or exported products unable to be made out of Japan with international competitiveness.
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© 2009 JAPAN MACRO-ENGINEERS SOCIETY
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