The answer is c, everyone was in debt<span />
I do not believe that this factor is a factor that needs a grant. it is a small factor of maturity, and a momentary factor, there is not a great disparity which is justifiable to have a scholarship for that, in my view it is a minimal difference that is soon matched.
Explanation:
The author means that even though Japan has a larger trading system (I assume that is what it's referring to) it does not exactly fit the same terms as a usual trading system would.
<span>The Rocky Mountains.</span>