Support for the Notion That Japan Has Slid, Relative to Other

question 24

Multiple Choice

Support for the notion that Japan has slid, relative to other countries, in its international economic role and status can be found in all of the following EXCEPT

• A) the fact that it now ranks behind other countries in terms of donating money for developmental assistance.
• B) its low rank on the World Competitiveness Scoreboard.
• C) its technological edge in civilian goods export markets has been challenged by states like China and South Korea.
• D) the fact that it has been replaced by China as the country with the largest foreign exchange reserves.
• E) the relative low level of zaibatsu conglomerates operating within the country.

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Definitions:

Account

A record in financial accounting that tracks the increase and decrease of financial values, such as assets, liabilities, revenues, and expenses.

Revenues

The total income generated from normal business operations and before any expenses are subtracted.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities. It represents ownership interest.

Statement

A document that presents an account of particular facts or events in detail.