If the US Continually Runs a Bilateral Trade Deficit with Japan, Then

question 61

Multiple Choice

If the U.S. continually runs a bilateral trade deficit with Japan, then

• A) Japan's trade policies must be unfair to the United States.
• B) the United States is worse off as the result of its trade with Japan.
• C) Japan is the low-cost supplier of goods that we import intensively.
• D) both a and b are true.

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Definitions:

Efficient Communication

Occurs at minimum cost.

Bulletin Board

A physical or digital board used for posting messages, announcements, or information for public viewing.

Work Processes

The sequence of tasks or activities that are undertaken in an organization to produce a desired outcome.

Plant Productivity

Plant productivity measures the efficiency and output of a manufacturing or production facility.