Question 25 The following graph shows the exports (blue line) and imports (red line) for Japan. For the year 2017, Japan faces FRED-Exports of Goods and Services in Japan - Imports of Goods and Services in Japan 30T 28T 26T 24T 22T 201 18T 16T 141 2013 Japanese Yen C 2011 P d 2012 2014 2015 2016 2017 n 2018 2019 2020

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter25: The Keynesian Perspective
Section: Chapter Questions
Problem 17CTQ: In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014...
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Question 25
The following graph shows the exports (blue line) and imports (red line) for Japan. For the year 2017, Japan faces
FRED
Exports of Goods and Services in Japan
Imports of Goods and Services in Japan
30T
28T
26T
24T
22T
20T
18T
2013
Japanese Yen
16T
1995
2011
2012
2000
2014
2015
2016
2017
2018
2019
2020
2021
Transcribed Image Text:A Moving to another question will save this response. Question 25 The following graph shows the exports (blue line) and imports (red line) for Japan. For the year 2017, Japan faces FRED Exports of Goods and Services in Japan Imports of Goods and Services in Japan 30T 28T 26T 24T 22T 20T 18T 2013 Japanese Yen 16T 1995 2011 2012 2000 2014 2015 2016 2017 2018 2019 2020 2021
16T
14T
A trade war
A trade deficit
A quota restriction
A trade surplus.
2011
1995
2012
2018
2017
2016
2015
2014
2013
11
Source: Organization for Economic Co-operation and Development
2019
Transcribed Image Text:16T 14T A trade war A trade deficit A quota restriction A trade surplus. 2011 1995 2012 2018 2017 2016 2015 2014 2013 11 Source: Organization for Economic Co-operation and Development 2019
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