Under a 1981 Voluntary Trade Agreement Japanese Automobile Manufacturers Were

Multiple Choice

Under a 1981 Voluntary Trade Agreement Japanese automobile manufacturers were not allowed to increase their exports to the U.S. market. As a result

A) they exited the market.
B) Honda was motivated to circumvent the trade barriers.
C) Honda's FDI may have been part of an overall corporate strategy designed to bolster their competitive position vis-à-vis their domestic rivals such as Toyota.
D) both b and c