Because of the Relative Rise in Local Production Costs Brought

question 7

Essay

Because of the relative rise in local production costs brought about by the appreciation of the yen, many Japanese corporations have decided to transfer production abroad. What should be the immediate and future impact on the Japanese balance of payments?

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Definitions:

Transmitting Substance

A chemical messenger that transmits signals across a chemical synapse, from one neuron (nerve cell) to another 'target' neuron, muscle cell, or gland cell.

Sound Waves

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Timbre

The quality of a musical note, sound, or tone that distinguishes different types of sound production, such as voices or musical instruments.

Pure Tones

Sounds with a sinusoidal waveform, meaning they have a single frequency and are perceived as a single pitch.