Japan's Trade Surplus Sinks in October

Japan's Trade Surplus Sinks in October

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Business

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in Japan's exports in October?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the trade surplus reported for Japan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the strong recovery in Japan's economy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Which sectors saw significant increases in exports from Japan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How have Japanese companies adjusted their pricing strategy for exports?

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