japan purchases oil from the middle east. since the price of oil rose in 1973, japan has spent more money on oil than any other imported product. opec nations cannot use all of the products japan needs to sell or trade for the oil it uses, so japan must sell its products elsewhere. japan and the united states are very important trading partners. however, there is an imbalance in their trade.
japan is using its trade surpluses with the united states to pay for its trade deficits with what organization?
a) asean
b) nafta
c) nato
d) opec