Protection of domestic industries in Japan has caused a two-tier economy to emerge.

Question

Quizplus · Accepted Answer

Protection of domestic industries in Japan has led to increased competition from imported goods in certain sectors while creating a more insulated and protected market for domestically produced goods. This has resulted in a two-tier economy, with some industries benefiting from protectionism and others struggling to compete globally.

Protection of Domestic Industries in Japan Has Caused a Two-Tier