Question:

The types of goods Japan exports and imports appears to be well explained by?

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a. Japanese endowments of factors of produciton ( e.g land, labor, capital, natural resouces)

b.high and rising Japanese tariffs.

c. advertising and other sales promotion efforts.

d. All of the above

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  1. A) Japanese endowments of factors of production (e.g. land, labor, capital, natural resources)

    The factors of production determine how much a country produces and thus how much a country can export or import.


  2. a. Japanese endowments of factors of production ( e.g land, labor, capital, natural resources)

    "C" might be close too but stick on "A" anyway - because it has highest impact.

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