Answer:
This statement is true.
Explanation:
The statement that "The more collateral there is backing a loan, the less the lender has to worry about adverse selection" is true because collateral reduces the adverse selection problem.
It means that Japan's industry required are big sum of money and financial ressources to produce their goods.
It should be noted that Retailing refers to all activities involved in the selling, renting, providing products and services to ultimate consumers.
<h3>What is retailing?</h3>
Retailing serves as the selling of merchandise and certain services to consumers.
It involves the selling of individual units or small lots to large numbers of customers for personal, family, or household use.
Learn more about retailing at;
brainly.com/question/1153322
