problems faced due to tsunami
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i)Economic activity in Japan contracted in the fourth quarter of 2010,and the country was overtaken by China as the world's second-largest economy after the United States.
ii)While the nations industrial clusters in the south & west seemed to be spared the worst,the crisis at damaged nuclear plants north to Tokyo was threatening to cause an energy squeeze that could set back all sectors of Japan's economy.
iii)The bank of Japan,in an effort to preempt a further deterioration in the economy,eased monetary policy on Monday by expanding an asset buying program and poured money into the financial system.
ii)While the nations industrial clusters in the south & west seemed to be spared the worst,the crisis at damaged nuclear plants north to Tokyo was threatening to cause an energy squeeze that could set back all sectors of Japan's economy.
iii)The bank of Japan,in an effort to preempt a further deterioration in the economy,eased monetary policy on Monday by expanding an asset buying program and poured money into the financial system.
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