Despite its status as one of the richest countries in the world,Japan
A)has a very low level of productivity.
B)has few natural resources.
C)has very little human capital.
D)engages in a relatively small amount of international trade.

Question

Quizplus · Accepted Answer

Japan has few natural resources and thus has to rely on imports to meet its needs. Despite this, Japan has managed to maintain a strong economy through its focus on technology, innovation, and high-quality manufacturing. This contradicts the idea that Japan has a low level of productivity, little human capital, or engages in a small amount of international trade.

Despite Its Status as One of the Richest Countries in the World,Japan