Japan has experienced large trade surpluses. Japanese investors have responded to this by
A. Liquidating their positions in stocks to buy dollar denominated bonds
B. Investing heavily in U.S. and other foreign financial markets
C. Lobbying the U.S. government to depreciate its currency
D. Lobbying the Japanese government to allow the yen to appreciate
Answer:B
Japan has experienced large trade surpluses. Japanese investors have responded to this by
A. Liquidating their positions in stocks to buy dollar denominated bonds B. Investing heavily in U.S. and other foreign financial markets C. Lobbying the U.S. government to depreciate its currency D. Lobbying the Japanese government to allow the yen to appreciate