most likely way to reduce the Japanese trade surplus is to

Question

Quizplus · Accepted Answer

Boosting Japanese consumption would increase domestic demand for goods, which would increase imports from other countries and potentially reduce the trade surplus. Revaluing the yen would make Japanese exports more expensive and potentially reduce exports, but this strategy could also negatively affect Japanese businesses and the overall economy. Imposing quotas on imports from Japan would limit trade and potentially harm diplomatic relations. Boosting Japanese savings would not necessarily reduce the trade surplus as it does not directly address demand for imports.

Most Likely Way to Reduce the Japanese Trade Surplus Is