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When Japan's MITI (Ministry of International Trade and Industry)focused Resources

Question 34

Multiple Choice

When Japan's MITI (Ministry of International Trade and Industry) focused resources on the semiconductor industry,and in particular on Random Access Memory (RAM) ,it was viewed as a typically successful Japanese foray into a new dynamic strategic sector.The results,as viewed by the late 1990s


A) justified this view.
B) propelled Japan into the leading country in high- tech manufacturing.
C) led to similar structuring of industrial policy in the U.S.
D) helped shift the focus of economists away from Japanese- style industrial policy.
E) lent support to the Brander- Spencer model.

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