The EBSCO article “The Two Prices of Soy” discusses Nixon’s decision to stop selling soy to Japan. Interpret which of the following describes the impact of Nixon’s decision.(1 point)

Responses

Nixon’s decision to stop selling soy to Japan has caused environmental damage to Brazil’s agriculture.
Nixon’s decision to stop selling soy to Japan has caused environmental damage to Brazil’s agriculture.

Nixon’s decision to stop selling soy to Japan has caused a major soy shortage in Japan.
Nixon’s decision to stop selling soy to Japan has caused a major soy shortage in Japan.

Nixon’s decision to stop selling soy to Japan has caused the U.S.’s soy business to prosper.
Nixon’s decision to stop selling soy to Japan has caused the U.S.’s soy business to prosper.

Nixon’s decision to stop selling soy to Japan caused Japan to invest in agriculture in its own country.

1 answer

Based on the context of Nixon's decision to stop selling soy to Japan, the most accurate interpretation would be:

Nixon’s decision to stop selling soy to Japan caused Japan to invest in agriculture in its own country.

This response reflects the idea that by halting exports, Japan would have had to seek alternative solutions to meet its soy needs, potentially leading to increased investments in domestic agricultural production. The other options either suggest environmental impacts that may not be directly related or imply a negative economic consequence (like a shortage) for Japan, while the last option suggests a positive response from Japan to adapt to the situation.