Japan Has Developed a Comparative Advantage in Designing and Producing

question 42

Multiple Choice

Japan has developed a comparative advantage in designing and producing automobiles.The source of its comparative advantage in these products is

• A)abundant supplies of natural resources.
• B)a favorable climate.
• C)a strong central government.
• D)technology.

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Definitions:

State Legislature

The legislative branch of state government in the United States, responsible for making and passing laws at the state level.

Farmers' Subsidies

Government financial support provided to farmers to supplement their income and manage the supply of agricultural commodities.

Trademark Protection

The legal safeguards that prevent unauthorized use of a trademark, which is a recognizable sign, design, or expression identifying products or services of a particular source.

U.S. Patent And Trademark Office

The federal agency responsible for granting U.S. patents and registering trademarks, aiding in the protection of intellectual property.