Statement I: The Japanese market is completely shut to foreign goods and services.
Statement II: Japanese manufacturers have sometimes sold below cost in foreign markets while Japanese consumers sometimes paid twice the price charged for the same Japanese goods in foreign markets.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
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