If the US Continually Runs a Bilateral Trade Deficit with Japan, Then

question 61

Multiple Choice

If the U.S. continually runs a bilateral trade deficit with Japan, then

• A) Japan's trade policies must be unfair to the United States.
• B) the United States is worse off as the result of its trade with Japan.
• C) Japan is the low-cost supplier of goods that we import intensively.
• D) both a and b are true.

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Definitions:

Combined Turnover

A financial ratio that combines and assesses two or more turnover metrics, such as inventory turnover and receivables turnover, to evaluate the efficiency of a business's operations.

Investment Opportunity

A potential financial investment that could generate a return or gain.

Manufacturing Cycle Efficiency (MCE)

Process (value-added) time as a percentage of throughput time.

Division's Margin

The profit generated by a specific division within a company after direct costs and expenses attributable to that division are subtracted.