why the currency value of japan is very low although they have a very good economy?
the factors as well as the reasons.
The ability to produce goods at a reasonable domestic costs and then export them to countries where costs to produce similar goods are higher.
Japan also benefited from a complete rebuilding its manufacturing capability over the last 50 years. Unlike the US where the "rust belt" is almost a 100 years old.
Quality helps
Look at China as a emerging example. Start with simple products and move more complex items.
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