In 2015, Donald Trump stated, "When did we beat Japan at anything? They send their cars over here by the millions, and what do we do? When was the last time you saw a Chevrolet in Tokyo? It doesn't exist, folks." Trump's argument fails to address which of the following economic arguments (that is, arguments based on a correct interpretation of economic theory)?

Question

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Trump's argument only focuses on one industry (automobiles) and assumes that if Japan is successful in that industry, the United States must be losing overall. However, this ignores the concept of comparative advantage, which states that countries should specialize in producing goods that they can produce more efficiently than other countries, and trade with each other. It is possible for Japan to have a comparative advantage in manufacturing cars, while the United States has a comparative advantage in other goods that it can export to Japan.

In 2015, Donald Trump Stated, "When Did We Beat Japan