Japan's Rising Digital Deficit and Its Impact on the Yen
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#9654910e ver:0.51

Japan's digital deficit is rising, impacting the value of the yen. The deficit, driven by fees for digital advertising and intellectual property royalties, surpassed the overall services deficit in 2023. Experts suggest Japan should focus on areas like inbound tourism and content exports to make up for the deficit. The yen's value is also affected by interest rate differentials and inflation shocks. #Japan #digitaldeficit #yenvalue...

#newstr #Japan #DigitalDeficit #Yen #ForeignDigitalServices #ServicesTradeBalance #AmazonPrime #YoutubePremium #InterestRateDifferentials #InflationShocks 

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