4387EconomicsMedium
Due to Japan’s high saving rate, suppose that the Japanese invest abroad. This investment may result in a/an ________ of the Japanese yen and therefore a for Japan?
Adepreciation; trade surplus
Bappreciation; trade deficit
Cdepreciation; trade deficit
Dappreciation; trade surplus
Correct answer
A. depreciation; trade surplus
Explanation
The correct answer is depreciation; trade surplus.