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20. Which statement is true? (LO2) a) Two-thirds of all cars and light trucks sold in the United States are either imported or made by

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20. Which statement is true? (LO2) a) Two-thirds of all cars and light trucks sold in the United States are either imported or made by Japanese firms in this country. b) Toyota and Honda are the largest makers of cars and light trucks in the United States. c) Japanese companies make about 10 percent of all cars and light trucks in the United States. d) None of the above. 21. Imports have made the automobile industry's concentration ratio much relevant, while the Japanese transplants have been that ratio. (LO1) a) more, reducing c) less, reducing b) more, increasing d) less, increasing

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