Beggar-thy-neighbor policies could lower total trade volume – a zero-sum game from which no one would benefit. After all, Japanese exports rely on emerging and developing markets, with East Asia alone accounting for nearly half of Japan’s foreign sales.
当前微妙的局面可能升级为进一步的货币干预、贸易保护主义和资本管制。以邻为壑政策会导致总贸易量的下降，产生一场无人捞得到好处的零和博弈。毕竟，日本出口依赖于新兴和发展中市场，光是东亚就占了日本海外销售的近半壁江山。