Statement I. Most cars sold in the United States were made in Japan or assembled in the United States by Japanese-owned companies. Statement II. Imports of fuel-efficient cars made in Japan reduced the concentration ratio in the United States that was dominated by G.M., Ford, and Chrysler.
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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A)A concentration