In December 1994, a major earthquake rocked Kobe, Japan, destroying the housing stock of more than 300,000 people and ruining bridges, highways, and railroad tracks. What impact, if any, do you think...

In December 1994, a major earthquake rocked Kobe, Japan, destroying the housing stock of more than 300,000 people and ruining bridges, highways, and railroad tracks. What impact, if any, do you think this event had on the Japanese current account deficit? Why?