On the current adjustment of Japan's foreign economic strategy

Abstract

Japan is now the world's largest trade surplus country and largest creditor country. Japan's foreign exchange reserves occupy the first place in the world, and the yen has become one of the strongest currencies in the world. Japan's gross national product has surpassed the Soviet Union, becoming the second largest economy in the world. The per capita output value of Japan has surpassed that of the United States. However, in recent years, the trade friction between Japan and the United States and Europe has intensified, and the United States and Europe have more and more trade protectionist restrictions on Japanese exports. The yen has appreciated substantially since September 1985, and by December 1987