What is an accurate assessment when comparing exports of Germany, Japan, and the United States?
A) Historically, only the United States has made its living as a trading nation.
B) Germany and Japan are relatively self-contained continental economies in which international trade played a minor role.
C) Unlike Japan or Germany, U.S. firms have a strong information advantage when they seek export opportunities.
D) The United States has not yet evolved an institutional structure for promoting exports similar to that of Germany or Japan.
E) The Ministry of International Trade and Industry (MITI) in the United States is always on the lookout for export opportunities. There is no such organization elsewhere.

Question

Quizplus · Accepted Answer

The United States has historically not had as strong an institutional structure for promoting exports as Germany or Japan, which have more coordinated efforts to support their export industries.

What Is an Accurate Assessment When Comparing Exports of Germany