question 19\nwhen japan has a trade deficit, what is basically true?\njapan has a higher savings rate than…

question 19\nwhen japan has a trade deficit, what is basically true?\njapan has a higher savings rate than other countries.\njapan has a lower gdp than its trading partners.\njapan has a net financial capital outflow.\njapans imports exceed its exports.
Answer
Brief Explanations:
A trade - deficit occurs when a country's imports of goods and services are greater than its exports. It has no direct relation with savings rate, GDP relative to trading partners, or net financial capital outflow in the context of the basic definition of trade - deficit.
Answer:
Japan's imports exceed its exports.