Which Is the Most Accurate Description of Japanese Reindustrialization After

question 160

Multiple Choice

Which is the most accurate description of Japanese reindustrialization after World War II?

• A)Japanese manufacturers concentrated almost entirely on selling to the Japanese home market.
• B)Japanese manufacturers charged twice as much to Americans as to Japanese for the same products.
• C)Japanese manufacturers charged the Japanese twice as much as the Americans for the same products.
• D)Japan concentrated on supplying the American market with luxury items that were not being produced in the United States.

---

Definitions:

Discontinuance

The action of stopping the production or offering of a product or service, often due to strategic business decisions or market conditions.

Total Cost Concept

A concept used in applying the cost-plus approach to product pricing in which all the costs of manufacturing the product plus the selling and administrative expenses are included in the cost amount to which the markup is added.

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and overhead costs.

Administrative Expenses

Costs associated with the general management and administration of a business, such as salaries of executive personnel, legal and accounting fees.