Japan's Status as a Rich Nation Is Attributable to

question 119

Multiple Choice

Japan's status as a rich nation is attributable to

• A)Japan's quantities of natural resources, but not to international trade.
• B)international trade, but not to Japan's domestic quantities of natural resources.
• C)the fact that Japanese productivity has remained nearly constant for more than 100 years.
• D)the fact that the Japanese have downplayed the role of human capital in economic growth.

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Definitions:

Temporary Insurance

A limited-term coverage that provides immediate protection until a permanent insurance policy is issued or denied.

Actual Policy

The specific, enforceable terms and conditions of an insurance contract as it has been issued.

Binder

A binder is a temporary insurance agreement that provides coverage until a formal, permanent policy is issued, often used in property and casualty insurance scenarios.

Standardization

The process of developing and implementing technical standards to ensure the compatibility, safety, and quality of products or services.