Why the United States isn't winning the trade war with Japan.

From: Industrial Management | Date: March 1, 1990| Author: Aviel, David | Copyright information

Why the United States Isn't Winning the Trade War with Japan

Japan does not have raw materials. It does not have natural resources. It is forced to import large quantities of iron ore, coal, and most other inputs it uses in its manufacturing processes. Japan does not have as large an internal market as the U.S., nor is it as close to major markets in Europe and Latin America as is the United States. The cost of land is prohibitive and rent is several times higher than ...

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