If One Observes That Japan Was Traditionally a Net Foreign

question 28

Multiple Choice

If one observes that Japan was traditionally a net foreign lender,one could conclude that relative to its international trade and financial partners

• A)Japan's intertemporal production possibilities are not biased.
• B)Japan preferred to consume beyond its production in the present.
• C)Japan's intertemporal production possibilities are biased toward future consumption.
• D)Japan's intertemporal production possibilities are biased toward present consumption.
• E)Japan's intertemporal production possibilities are larger than that of the other countries.

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