Japanese Current Account Surplus Can Best Be Attributed to

question 20

Multiple Choice

Japanese current account surplus can best be attributed to

• A) the high rate of Japanese domestic investment
• B) Japanese protectionism
• C) the high rate of Japanese savings
• D) government budget deficits

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Definitions:

Tax Burden

The total amount of income, property, and sales taxes that an individual or business must pay to various governments.

Leverage Ratio

A financial ratio indicating the level of debt used by a business to finance its assets and operations.

Interest Burden

The impact of interest expenses on a company's earnings, often expressed as a ratio or percentage of earnings before interest and taxes.

Return-On-Sales Ratio

A profitability metric that calculates the efficiency of a company in converting sales into profits, indicating how much of each dollar of sales is translated into profit.