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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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: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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