IDNLearn.com connects you with a community of experts ready to answer your questions. Our platform provides prompt, accurate answers from experts ready to assist you with any question you may have.
Sagot :
The statement, Japan generally runs a significant trade surplus because of the structural barriers against imports into Japan, is true.
As Japan's savings rate is high relative to Japan's domestic investment, Japan generally runs a trade surplus. Thus, the result is high net capital outflow which is matched by high net exports, resulting in a trade surplus.
Japan's overall trade surplus is the result of its exports in the scientific and optical equipment, rubric machinery, semiconductors, electronic parts, and telecommunications equipment. Now the current account surplus has been shrinking for four fiscal years in a row.
Hence, in 2019, Japan reported the biggest trade surpluses with different countries.
To learn more about trade surplus here:
https://brainly.com/question/1930187
#SPJ4
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.