If Japan chooses to engage in trade,it
A) will only benefit if it trades with countries that produce goods Japan cannot produce.
B) cannot benefit if it trades with less developed countries.
C) should first attempt to produce the good itself.
D) can benefit by trading with any other country.

Question

Quizplus · Accepted Answer

Japan can benefit by trading with any other country as they have the capacity to produce a wide range of goods and services. Japan can also import goods that are cheaper or of better quality than what they can produce domestically, which can benefit their economy. Additionally, by engaging in trade with other countries, Japan can promote international cooperation and foster relationships with other nations.

If Japan Chooses to Engage in Trade,it