Japan large trade surplus and weak national economy
Question: During 1992, Japan entered a recession. However, at the same time, its current-account surplus hit a record. Is there a contradiction between Japan's large trade surplus and a weak national economy? Explain.
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Is there a contradiction between Japan's large trade surplus and a weak national economy? Explain.
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What impact might this dramatic shift in the age distribution of the U.S. workforce have had on the U.S. current-account balance
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What would you expect these changes to do to their current-account balances?
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