1. Which statement about Japan’s international balance of payments is most accurate? 1)Postwar, Japan’s balance of payments has been generally in the black. 2)Postwar, Japan’s balance of payments has been generally in the red. 2. Is the following statement generally correct for the most part? “Japan’s balance of payments in the service industry has been in the red for a long time, but has improved because of factors including an increased number of inbound tourists.” Yes / No 3. The OPEC Oil crisis hit Japan in 1970s. Which statement about Japan’s international balance of payments is most fitting? 1)Oil prices became very high, and Japan went deeply into the red. 2)Even so, Japan continued to stay in the black. 4. When Japan made a huge amount of money in overseas trade in the 1980s, which phrase was commonly used about the actions the USA took? 1)"Japan bashing” (anti-Japanese) 2)“Japan praising” (pro-Japanese) 5. Is the following statement generally correct for the most part? “Japan earns a huge amount of revenue by investing the money that the country has earned through trade and other industries into foreign nations.” Yes / No