If Japan Has a Trade Surplus and the United States

question 49

Multiple Choice

If Japan has a trade surplus and the United States has a trade deficit, the trade gap could be eliminated by:

• A)contractionary monetary policy in both Japan and the United States.
• B)expansionary monetary policy in both Japan and the United States.
• C)expansionary monetary policy in Japan or contractionary monetary policy in the United States.
• D)contractionary monetary policy in Japan or expansionary monetary policy in the United States.

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Definitions:

Derived Class

In object-oriented programming, a class that inherits properties and behavior from a base class while possibly adding or overriding features.

Child Class

A class in object-oriented programming that inherits properties and behavior from a parent class, also known as a subclass.

Polymorphism

Polymorphism is a concept in object-oriented programming allowing methods to do different things based on the object it is acting upon.

Base Class

In object-oriented programming, a class from which other classes are derived, providing foundational attributes and behaviors.