In 2007, Japan reported that its overseas assets totaled more than $4.6 trillion. This implies that Japan
A) is debtor nation.
B) has a current account deficit.
C) has a capital account deficit.
D) is a creditor nation.

Question

Quizplus · Accepted Answer

Having overseas assets totaling more than $4.6 trillion implies that Japan has invested more abroad than others have invested in Japan, making it a creditor nation.

In 2007, Japan Reported That Its Overseas Assets Totaled More