If the US Continually Runs a Bilateral Trade Deficit with Japan, Then

Multiple Choice

If the U.S. continually runs a bilateral trade deficit with Japan, then

A) Japan's trade policies must be unfair to the United States.
B) the United States is worse off as the result of its trade with Japan.
C) Japan is the low-cost supplier of goods that we import intensively.
D) both a and b are true.