Which of the following is NOT true?
A) Japan typically has a trade deficit with countries that export fuel, foodstuffs, and raw materials.
B) Japan makes up its trade deficits with large surpluses to the United States, some European countries, and most Asian countries.
C) Japan's import of industrial goods has greatly increased in recent years.
D) Japan has never been particularly concerned with increasing intra-regional trade preferring instead to focus on its trade relationship with the United States and other western countries.
E) Japan's income from foreign direct investment has been larger than its trade account surplus since 2004.
Correct Answer:
Verified
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