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/are 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.
C. America has adopted a protectionist strategy after the recession.