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    Exam 9: The Exchange Rate and the Balance of Payments
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    In 2007, Japan Reported That Its Overseas Assets Totaled More
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In 2007, Japan Reported That Its Overseas Assets Totaled More

Question 92

Question 92

Multiple Choice

In 2007, Japan reported that its overseas assets totaled more than $4.6 trillion. This implies that Japan


A) is debtor nation.
B) has a current account deficit.
C) has a capital account deficit.
D) is a creditor nation.

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