Which statement BEST describes the trade relationship between the United States and Japan in the last decade of the 20th century?
A)
There was a trade imbalance in favor of Japan.
B)
There was no trade between the U.S. and Japan.
C)
There was a trade imbalance in favor of the U.S.
D)
There was a boycott of Japanese goods in the U.S.
And your answer?
yep
nuts
To determine the best statement describing the trade relationship between the United States and Japan in the last decade of the 20th century, one should consider relevant data, historical events, and trade agreements during that period. Here are a few steps to follow to find the answer:
1. Research trade statistics: Look for data regarding imports, exports, and trade balance between the United States and Japan during the 1990s. Reliable sources such as government agencies, international organizations, or reputable research institutions can provide this information.
2. Analyze economic relations: Examine the nature of trade between the two countries. Consider factors like the volume and value of goods and services exchanged, industry sectors involved, and any trends or patterns observed. It may be helpful to compare specific years or look for longer-term trends.
3. Investigate trade policies: Explore any trade agreements, negotiations, or disputes between the United States and Japan during that period. This includes examining the General Agreement on Tariffs and Trade (GATT) or World Trade Organization (WTO) agreements, as well as any bilateral agreements specifically between the two countries.
4. Study historical events: Consider key events or incidents that may have influenced the trade relationship between the United States and Japan in the 1990s. This could include factors like currency exchange rates, changes in governmental policies, or major economic events such as the bursting of Japan's asset price bubble in the early 1990s.
By following these steps and gathering information from reliable sources, one can form an informed opinion on the best statement describing the trade relationship between the United States and Japan in the last decade of the 20th century.