Japans_Trade_Surplus

Japans Trade Surplus I. Issue or problem This article states that Japan is in the middle of a trade surplus gaining 95.6 percent from last year to 902.0 yen (7.33 billion). Economists believe that because of September 11th, shutdowns of key ports especially in the U.S. have caused major contributions shrinking the trade gap. II. Summary The article goes on state that because of these key ports closing, billions of dollars of trade were lost, and a major trade surplus has occurred. It states that exports were up to 14.3 percent from a year earlier, and imports were up to 3.9 percent. This shows clearly the gap between Japans exports and imports. Forecasters are hoping that a slow U.S. economy, and a stronger yen point to a weaker surplus in the months ahead. Although this problem is still occurring it shows in monthly forecasts that since a peak high in July, forecasts are showing a declining trend. It states that Japans exports have been slowing, pushing towards a more steady economy. It also goes on to say that net exports made a negative contribution to japans economic growth in the middle months of July-September quarter for the first time in a japan, japans, trade, exports, surplus, states, imports, key, economy, economic, due, article, yen, year, shows, percent, forecasters, concepts, trend, showing, showed, recovery, problem, prices, ports, net, negative, nations, months, middle, major, inflation, hoping, goods, goes