Japan's economy is in decline today because
a. Japanese goods and products have been shown to be of inferior quality, resulting in a massive decrease of consumer demand.
b. Japan has committed the bulk of its budget toward rebuilding its military and in doing so has ignored the economy.
c. Japanese politicians have imposed costly and burdensome regulations on business and industry, radically reducing their profit margins.
d. Japanese politicians, the bureaucracy, and big business rely on each other so much that they have all lost the ability to make sound economic judgments.
Question 2
What aspect of the Japanese economy made it vulnerable?
a. a close relationship between government and business
b. a substantial investment in new technology and research
c. unfair trade practices that protected its business and industry
d. the need to import raw materials
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
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4 QUESTIONS PEASE I NEED IT TODAY AND I DONT HAVE MORE CREDITS TO START A NEW TOPIC