Japan's Current-Account Surplus for Feb. Is $25 Billion

Japan's Current-Account Surplus for Feb. Is $25 Billion

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Business

University

Hard

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The video discusses Japan's current account balance, which exceeded estimates at 2.8 trillion yen. Hiromichi Shirakawa from Credit Suisse provides insights into the economic factors influencing this balance, including the impact of a weaker yen and sluggish imports. The discussion also covers the potential effects of rising oil prices and the yen's sensitivity to US Treasury yields. Additionally, the video explores US-Japan economic relations, particularly in the auto sector, and addresses allegations of currency manipulation by Japan.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the current account balance reported in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Lunar New Year holiday in January affect the current account balance?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the recovery of exports mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do rising oil prices have on Japan's import bill according to the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between the US Treasury yields and the Japanese yen as discussed?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What allegations have been made against Japan regarding currency manipulation?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How might Japan's monetary policy be influencing its currency according to the text?

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