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Japanese Trade Balance and Exchange Rate: Seeing Through the Numbers
Measured in dollars, Japan's global trade surplus stands at a record level. Also in recent months the Japanese yen has appreciated markedly against the dollar. The two events seem to foster a sizable degree of concern among many Americans, perhaps, taken to be evidence of Japan's economic success and the United States' economic failure. Things need not be as they seem, however.
Date:
August 3, 1995
Creator:
Elwell, Craig K.
System:
The UNT Digital Library