In the 1980s Japan had a significant trade surplus.The G-7 nations wanted Japan to reduce its trade surplus and therefore pressured the Japanese government to:
A)devalue the yen.
B)strengthen the yen.
C)keep the yen fixed.
D)control inflation.

Question

Quizplus · Accepted Answer

Strengthening the yen would make Japanese exports more expensive and imports cheaper, helping to reduce the trade surplus.

In the 1980s Japan Had a Significant Trade Surplus