By Mid-1941, Japan Believed That It Had No Alternative to War

question 2

Multiple Choice

By mid-1941, Japan believed that it had no alternative to war with the United States because President Franklin Roosevelt

• A) was committed to Britain and Holland retaining their colonial assets and economic power in the Dutch East Indies.
• B) had in 1941 imposed a freezing of assets and a cessation of all shipments and other critical raw materials in an effort to persuade Japan to withdraw from China.
• C) demanded Japan renew its trade with America.
• D) break its treaty of nonaggression with Germany.
• E) None of these choices are correct.

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Definitions:

Manufacturing Inventories

Materials, work-in-progress, and finished goods that a company holds for the purpose of future production or sale.

Current Assets

Assets that a company expects to convert to cash or use up within one year.

Balance Sheet

A financial statement that reports the assets, liabilities, and owner’s equity at a specific date.

Finished Goods Inventory

Inventory consisting of products that have been completed but not yet sold to customers.