Statement I: The Japanese used a strategy of underselling American manufactured goods to capture the U.S.market.
Statement II: The Japanese closed their markets to American produced goods.

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.

Question

Leticia Quintanilla · Accepted Answer

Final Answer : C, Explanation :  Both statements are true. The Japanese employed a strategy of underselling to penetrate the U.S. market, effectively outcompeting American manufacturers on price. Additionally, Japan has been criticized for maintaining trade barriers and practices that have made it difficult for American goods to enter the Japanese market, effectively protecting their domestic industries.

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