Japan's Trade Surplus Sinks in October

Japan's trade performance has been strong, with exports growing by double digits for four consecutive months, leading to a trade surplus of $2.6 billion. This growth is the best since 2008, driven by a recovery in both overseas and domestic markets. Key export sectors include cars, chemical products, and machinery for electronics, with significant demand from China, the EU, and the US. Despite stable export volumes, the value of exports has increased significantly due to monetary easing, resulting in higher profits for Japanese companies.

What was the trade surplus of Japan in October?

• $1.5 billion

• $3.4 billion

• $4.2 billion

• $2.6 billion

Which sectors saw the largest increase in Japan's exports?

• Furniture and home goods

• Cars and chemical products

• Textiles and apparel

• Agricultural products

Which country is a major destination for Japan's exported electronic goods?

• Brazil

• India

• China

• Australia

How have Japanese companies increased the value of their exports?

• By diversifying into new markets

• By reducing production costs

• By increasing the volume of exports

• By maintaining foreign prices and increasing profits

What has been the impact of monetary easing on Japanese exports?

• It has decreased the cost of imports

• It has made exports more expensive

• It has reduced export volume

• It has made exports cheaper