Transactions between Japan and the rest of the world are shown below. American companies are buying Japanese-made
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Question:
Transactions between Japan and the rest of the world are shown below.
American companies are buying Japanese-made computer parts worth 100 million yen.
Japanese citizens spend 20 million yen on education at Canadian universities.
Japan sent 5 million yen aid to Africa.
Japanese citizens buy shares worth 12 million yen in American companies.
Japanese bankers receive 3 million yen in interest payments from foreign investors.
The Japanese government purchased 66 million yen worth of U.S. government debt obligations.
Find Japan's trade balance (in millions of yen).
- 75
- 78
- 80
- 73
Find Japan's official reserve account balance (in millions of yen)
- -45
- -71
- -66
- 0
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ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave
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