Hans (from Germany),Abe (from Japan)and Chris (from the U.S.)were having a heated argument at an international electronics trade show.The argument was about the export performance of companies from the three countries.Which of the following is a valid statement made by the three people involved in the argument?
A)Historically,the United States has made its living as a trading nation.
B)Germany has been a relatively self-contained continental economy in which international trade played a minor role.
C)Unlike Japan,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.
E)The Ministry of International Trade and Industry (MITI)in the United States is always on the lookout for export opportunities.

Question

Quizplus · Accepted Answer

The statement about Germany (B) is not relevant to the argument, and the statements about the U.S. (A, C, E) contain inaccuracies or are not relevant. However, statement D is a valid point of discussion and disagreement among the three individuals, as it suggests that the U.S. may not have as strong an institutional framework for promoting exports as Germany does.

Hans (From Germany),Abe (From Japan)and Chris (From the U