To add to what Jerry said, Japan has a very strong automotive manufacturing industrial strategy. The Japanese companies produce in Japan nine million vehicles. They only sell four million. Because their entire industrial base is so strongly geared to manufacturing, the production has to go somewhere. This is the reason they are so keen on trade agreements and the opportunities to export more to Canada.
On the IMF and the WTO, they just haven't been effective. The principles have been there, but for whatever reason they have not been enforced, even when we know we have had currency manipulators.
Caroline, do you want to speak a little more about our thoughts on making the IMF more enforceable?