That, in turn, would make imported goods more expensive domestically and American-made goods cheaper on foreign markets.
That makes Japanese goods more expensive for American and European consumers, hurting the earnings of the country's exporters.
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But it makes its exported goods more expensive for other countries to buy.
The rise in the pound, however, will not be welcomed by exporters as it makes their goods more expensive for foreign buyers.
The yen has dipped nearly 20% against the US dollar since November last year, making Japanese goods more affordable to foreign buyers.
Meanwhile, the South Korean won has risen by nearly 10% against the US dollar since May, making South Korean goods more expensive.
However, a return to the Deutschmark would make German-made goods more expensive overseas and within the eurozone which could hurt German exporters.
The Australian dollar has risen more than 8% against the US dollar since June making Australian goods more expensive to foreign buyers.
Any euro strength that would make euro-denominated goods more expensive on world markets would be mitigated by commensurately reduced production, labor and shipping prices.
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That not only makes Japanese goods more affordable to foreign buyers, but also boosts the earnings of Japanese firms that rely on foreign sales.
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Flocks of them used to fly to Hong Kong, Bangkok and Hawaii to buy imported European goods more cheaply than they could at home.
Still, you no doubt remain of the belief that a yuan weakened by its dollar peg somehow makes Chinese goods more attractive on the world market.
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The Yen remains a strong currency compared with other currencies, and this makes Japanese goods more expensive in markets that it would like to export to.
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The strong yen made Japanese goods more expensive to buy in U.S. dollars, forcing many U.S. importers to raise prices or abandon importing from Japan altogether.
He said that any aid G8 members might announce for Africa at the summit would "not make sense" unless poor countries could export their goods more freely.
At the same time, rising competition from low-cost manufacturers coupled with a strong yen - which makes Japanese goods more expensive - has also hit their competitiveness.
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At the hub port the containers can be consolidated with other cargoes bound for the same destinations, so that fewer and larger ships transport the goods more cheaply.
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Japan's Nikkei Average bucked the trend, ending at a one-month high, as a weaker yen made its goods more affordable to overseas buyers and boosted the shares in exporters.
All of this economic destruction is creating a perilous global race to devalue currencies for trade purposes against the dollar (a weaker currency makes the price of exported goods more attractive).
And our conversation was focused on how do we actually allow more goods, more services into Gaza?
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In the future the U.S. population will move more goods, consume more food, and require more living space than it does now.
And as I plan for my trip later this week to Asia, the whole focus is on how are we going to open up markets so that American businesses can prosper, and we can sell more goods and create more jobs here in the United States.
Either the Chinese goods they do buy are more expensive or the not-Chinese goods they buy instead are more expensive because of the absence of the cheap Chinese goods.
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They also invest their money in private companies, buy more goods, and spend more money overall.
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The economy needs consumers to spend on goods, so businesses will spend for labor and supplies to produce more goods, creating jobs, making banks more willing to lend if more consumers have jobs, and businesses are making more assured profits.
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As imported goods become more expensive, local producers of dairy, meat, fruit and vegetables will find greater demand for their goods.
The rising yen against the dollar makes Japanese goods considerably more expensive for American consumers--Japan Inc.
That appreciation would make the relative cost of Chinese goods much more expensive for Wal-Mart to purchase.
Goods cost more than 13 times what they did a year ago, compounding the hardship many Zimbabweans experience.
But the export of Kazakh goods became more expensive, most notably to Russia, one of its largest trading partners.
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