Question: In the early 1990s Japan underwent a recession that brought
In the early 1990s, Japan underwent a recession that brought about a prolonged slump in consumer spending and capital investment. (Some estimate that in 1994 only 65% of Japan’s manufacturing capacity was being used.) At the same time, the U.S. economy emerged from its recession and began expanding rapidly. Under these circumstances, what would you predict would happen to the U.S. trade deficit with Japan?
Relevant QuestionsAccording to the World Competitiveness Report 1994, with freer markets, Third World nations now are able to attract capital and technology from the advanced nations. As a result, they can achieve productivity close to ...During the Reagan era, 1981–1988, the U.S. current account moved from a tiny surplus to a large deficit. The following table provides U.S. macroeconomic data for that period.a. Based on these data, to what extent would you ...Many antipoverty activists in the developing world believe that what keeps incomes and living standards from rising as fast as they have in the developed world is an international conspiracy of bankers, corporations, ...What risks confront dealers in the foreign exchange market? How can they cope with those risks?A forward market already existed, so why was it necessary to establish currency futures and currency options contracts?
Post your question