52Analysis explains the recent rise in Japan’s trade surplus as follows: because of the recession at home, Japan has seen a decline in expensive imports of luxuries, which were enormously fashionable during the second half of the 1980s. This effect has be

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52Analysis explains the recent rise in Japan’s trade surplus as follows: because of the recession at home, Japan has seen a decline in expensive imports of luxuries, which were enormously fashionable during the second half of the 1980s. This effect has been compounded, thanks to slow growth elsewhere, by low prices for the international commodities that Japanese industry depends upon. Exports of Japanese machinery, on the other hand, withstood the downturn quite well because the Asian economies that buy them continued to boom.

分析解释了近期日本贸易顺差增长的原因:由于日本国内的经济衰退,昂贵奢侈品的进口有所下降,而这些产品在19世纪80年代后期是相当时髦的。因为其他地区的经济增长缓慢,同时日本工业所依赖的国际商品价格低廉,使得这种效果很明显。另一方面,由于亚洲国家的经济持续高速增长,日本的机械产品出口成功地承受了这次经济衰退的考验。

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