Statement I: Much of Our Trade Problem May Be Blamed

question 146

Multiple Choice

Statement I: Much of our trade problem may be blamed on the Japanese who take advantage of our relatively open markets,while denying access to their own.
Statement II: The Japanese have been running huge bilateral trade surpluses in manufactured goods with nearly all their trading partners.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.