By Tradition, Japanese Employers Cannot "Lay Off" Workers

question 210

Multiple Choice

By tradition, Japanese employers cannot "lay off" workers.As a result they have goods that they cannot sell on the domestic market without driving down prices.To minimize losses, they sell goods such as steel and televisions in foreign markets at prices well below those in Japan.This is called

• A)beggar my neighbor.
• B)helpfulism.
• C)strategic trade policy.
• D)dumping.

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Definitions:

Mastication

The activity of processing food by chewing, aimed at preparing it for swallowing and digestion.

Chemical Bonds

The attraction between atoms that allows the formation of chemical substances containing two or more atoms.

Contact Digestion

The process by which nutrients are broken down in the small intestine where enzymes directly act on the food.

Brush Border

Epithelial surface consisting of microvilli.