Monday, May 14, 2007

Exports and Mayonaise in Japan

By Claus Vistesen(cross-post from Alpha.Sources)Many things can be learned from the recent report on Japan's trade surplus which saw a whopping increase on 36.9% y-o-y in March. Japan's current account surplus widened to a record in March, as exports to Asia and Europe helped counter slower growth in shipments to the U.S. The surplus expanded 36.9 percent to 3.32 trillion yen ($28

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