Japanese Economic Model

Relax, people. No way will this question or anything like it appear on the real GMAT. Hell, I don't know LSAT at all, but I doubt that it's even admissible there - it requires a more in-depth knowledge of economics than the level of understanding assumed by a standardized test. The GMAT won't just throw out a list of terms such as "Quotas are more regressive than tariffs" - at least no without explaining what regressive means in this context.

Geva@MasterGMAT wrote:Relax, people. No way will this question or anything like it appear on the real GMAT. Hell, I don't know LSAT at all, but I doubt that it's even admissible there - it requires a more in-depth knowledge of economics than the level of understanding assumed by a standardized test. The GMAT won't just throw out a list of terms such as "Quotas are more regressive than tariffs" - at least no without explaining what regressive means in this context.

I dont think this is even a valid LSAT question

Answer choice C is correct.

The strategy's success depends not on the economic growth of domestic companies but also on the local demand upon which the Japanese industries can count on. If the prices are high it is going to affect consumers thus weakening the strategy