Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
Which of the following is not true in the context of the passage?
A. Political and economic rivalries between Asian countries are non-existent today.
B. Asian countries hold America responsible for the recession and have imposed economic sanctions against the US.
C. America has adopted a protectionist strategy after the recession.