Japan is one of the world’s leading trading nations, as measured by their exports. Its imports and exports totaled about $525 billion in 1990. Their main exports at the time, in terms of value, were iron and steel, passenger cars and electronic equipment. Petroleum was Japan’s chief import that accounted for 35 per cent of the total value of imports (World Book). Most of the time since the mid-1960s, Japan has had a favorable balance of trade-that is, the value of its exports has exceed the value of its imports. Japan maintained a favorable balance of trade by one, exporting manufactured products throughout the world at competitive prices and second, through restricting imports by means of various trade barriers, such as tariffs and quotas. Japan’s trade policies have contributed to unfavorable trade balances for countries that import large qualities of Japanese goods but face barriers to exporting their own goods to Japan. In an effort to reduce these barriers, a number of Japan’s trading partners began criticizing the country’s trade practices. To maintain good trade relations, Japan begun responding to these request. It reduced its exports of automobiles to the United States. It also relaxed restrictions on imports of U.S. food products, but U.S. officials still criticize the serious trade imbalance that remain in Japans favor. However, over the past five years from current date, Japan has shifted their ideology by seeking free trade agreements (FTA) with a number of countries. In doing so, Japan hopes to revitalize its economy as well as to compete with other major countries, like China for influence in Asia.
A steady increase of labor productivity, particularly in the manufacturing industries, contr...
... middle of paper ...
...and returning visitors and residents, has grown considerably in recent years. The total number of entrants was 3.5 million in 1990 and increased to 5.27 million in 2000 (migration information). By 2005, the number had grown to 7.45 million. As the Japanese gradually and grudgingly open their country to foreigners, they understand the importance of an open door nation.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- This investigation will attempt to examine the effectiveness of feudalism as an economic system. It is relevant as it examines a form of governing and its impact on the economic status of a country. This allows it to be decided whether or not it was successful, and therefore if it is relevant to use in the modern world and what consequences might follow. Specifically, it will be focusing on feudal society from the Kamakura Period, starting in 1185 CE, to the Azuchi-Momoyama Period, ending in 1615 CE, within Japan.... [tags: Feudal Japan]
1916 words (5.5 pages)
- Between 1968 and 1912, Japan was going through a reformation called Meiji Restoration in order make the country strong as western countries. It had caused changes in many parts of Japan such as society, government, military, etc. Some of these changes still can be seen in the Japanese society today such as emperors are honored by Japanese citizens and seen as a special figure. Since this reformation had a great impact on development of Japan, it can be consider as a very important part of Japanese history.This study will seek to answer the question: To what extent did the Meiji Restoration succeeded to reform and strengthen Japan.... [tags: Meiji Renovation]
1681 words (4.8 pages)
- What was Japan planning to do that led them to attack Pearl Harbor on December 7 1941. Japan was going through a hard time like every other nation, but Japan wasn’t going to go down with this depression easily. Japan thoughts of expanding their economy to the other parts of Asia where there would be more resources that can help their economy get back up. But doing so will cause a confrontation with other nation that rule over parts of Asian countries, like the United States. Because of this, the Japanese was force to attack Pearl Harbor and try to take the upper hand in its conquest.... [tags: essays research papers]
1323 words (3.8 pages)
- Evaluation of The League of Nations in the 1920's The League of Nations was formed for one main reason: to ensure that a war like world war one NEVER broke out again. It wanted to promote international co-operation and to achieve international peace and security, as well as raise living conditions of men and women worldwide. It planned to do this by having a Covenant that all nations should follow, whether or not they were in the League. The Covenant was: To promote international co-operation and to achieve international peace and security: 1.... [tags: Papers]
747 words (2.1 pages)
- This paper argued despite diverse recognitions in the idea of Japan as a “normal country”, two main discourses can be generalized: One stated Japan should shoulder more responsibility in international order and security without amending her constitution, while another claimed swift the notion of the constitution in order to transform Japan to a more complete sovereignty and powerful state. Since the debates about amendment of the constitution are still unsolved, this paper focused on the Japan policies and behaviors in shouldering international responsibility.... [tags: global politics, normal country]
1384 words (4 pages)
- Japan's government is a Parliamentary government, with a Constitutional monarchy. This government consists of three branches, the Judicial branch, the Executive branch, and the Legislative branch. The Judicial branch is the Supreme Court, the Executive is the head of the government, chief of state, cabinet, and the elections. The Legislative is the elections too, just a bit more complicated. Like us, each of them cannot just simple put laws or changes by themselves, they need the Legislative branch and the Judicial branch to accept them, then it goes to the emperor, and He decides whether to accept it, or VETO it.... [tags: political science, expository]
1106 words (3.2 pages)
- Evaluation General Notions Given the obvious critical importance of the electronic and computerized systems for ICUs, it is also essential to evaluate the related implications that eICUs will, or might, have on the development of the health care in the country. On the other hand, the evaluation of the potential implications of the very implementation of the eICU idea in the senses of associated costs, staff needed, training and education required is also essential. According to Oermann and Gaberson (2006, p.... [tags: Evaluation]
1199 words (3.4 pages)
- Culture of Japan The Japanese have been around for many years. They are a very distict population where their culture influences many aspects of our lives. A brief history of Japan will enlighten the many ideas and topics in which explains how and why these ideas play a role in their culture. Shinto is the older animist religion of traditional Japan. However, Japans’ religious status is Buddhism. This faith has been sacred for just litte over twelve hundred years. These two religions have intertwined and influenced each other and Japanese culture.... [tags: Japan]
690 words (2 pages)
- Japan, Past and Present When I think of Japan and its people, I think of geishas, elaborate festivals, and its age old customs. What I’ve come to learn about Japan is that it’s a combination of old tradition but very modern advances. Japan is a modern country that has moved towards democracy and is today one of the strongest economies in the world. And though history plays a major role in Japanese culture, it has truly evolved into a country that keeps up with an ever changing world. Throughout Japan’s history its people have been impacted by its form of government which for centuries was a monarchy of emperors.... [tags: Japan]
1151 words (3.3 pages)
- Japan Geographical Setting Japan is an island country in the North Pacific Ocean. It lies off the northeast coast of mainland Asia and faces Russia,Korea, and China. Four large islands and thousands of smaller ones make up Japan. The four major islands- Hokkaido,Honshu,Kyushu and Shikoku form a curve that extends for about 1,900 kilometres. Topography Japan is a land of great natural beauty. mountains and hills cover about 70% of the country. IN fact, Japanese islands consist of the rugged upper part of a great mountain range that rises from the floor of the North Pacific Ocean.... [tags: Geography Geographical Japan Essays]
2668 words (7.6 pages)