How inferior products from Europe and Japan have gained a foothold in the American market is a result of

Question

Quizplus · Accepted Answer

The development of foreign competition in American markets has allowed inferior products from Europe and Japan to gain a foothold in the American market. This can be attributed to factors such as globalization, advancements in technology and communication, and increased access to international markets. Political factors and constitutional principles may play a role in shaping trade policy and regulations, but they are not the primary drivers for the influx of foreign competition in American markets. The rise of immigrants may have some influence on the economy, but it is unlikely to be a major factor in the penetration of inferior products in the American market. Tariffs on products from other parts of the world may indirectly impact the competitiveness of European and Japanese products, but it is not a significant factor in their success in the American market.

How Inferior Products from Europe and Japan Have Gained a Foothold