At prompting of united states japan relaxed restrictions, Ask an Expert

Economics

Q Until early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities. At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate and trade balance between two countries?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9307547

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