Asked by Leah
Last one... I've done so many that I simply mind-boggle as of now!
Until the early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities.
At the prompting of the U.S. , Japan relaxed the restrictions and allowed the companies to invest anywhere in the world.
What effect do you think this had on the yen/dollar exchange rate and the trade balance between the two countries?
Until the early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities.
At the prompting of the U.S. , Japan relaxed the restrictions and allowed the companies to invest anywhere in the world.
What effect do you think this had on the yen/dollar exchange rate and the trade balance between the two countries?
Answers
There are no human answers yet.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.