Which statement is false?

A) The Japanese economic system is based on very different relationships from our own.
B) American firms generally have no problems establishing themselves in Japan.
C) The barrier to foreign firms doing business in Japan is informal rather than formal.
D) None of the statements is false.

Japanese Economic System

A mixed economic system characterized by a combination of free-market principles and significant government intervention, as well as emphasis on consensus and cooperation among industrial sectors.

Foreign Firms

Companies that are incorporated in a country different from where they conduct most of their business activities.

Business in Japan

The unique set of cultural, economic, and regulatory practices affecting how companies operate within the Japanese market.