What Is an Accurate Assessment When Comparing Exports of Germany

question 79

Multiple Choice

What is an accurate assessment when comparing exports of Germany, Japan, and the United States?

• A) Historically, only the United States has made its living as a trading nation.
• B) Germany and Japan are relatively self-contained continental economies in which international trade played a minor role.
• C) Unlike Japan or Germany, U.S. firms have a strong information advantage when they seek export opportunities.
• D) The United States has not yet evolved an institutional structure for promoting exports similar to that of Germany or Japan.
• E) The Ministry of International Trade and Industry (MITI) in the United States is always on the lookout for export opportunities. There is no such organization elsewhere.

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