The Japanese Economy

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Issue:

Miscellaneous

 

Written by:

Lisa J

 

Date added:

August 8, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 699

 

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9162 times

 

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And the reason that they are thriving and are so competitive is because of the trade tariffs and quotas that the government has in place. These regulations include heavy taxes on some products and denial on some others for example: the way Japan will only let certain foreign cars in to Japan and even then they are so heavily taxed that the average Japanese person can?t pay that much and will have to buy a Japanese made car and at the same time in other countries they are selling their cars for less than anyone else in that country and that is what they do with most of their products and is how they get a trade surplus year after year...
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These regulations include heavy taxes on some products and denial on some others for example: the way Japan will only let certain foreign cars in to Japan and even then they are so heavily taxed that the average Japanese person can?t pay that much and will have to buy a Japanese made car and at the same time in other countries they are selling their cars for less than anyone else in that country and that is what they do with most of their products and is how they get a trade surplus year after year...
displayed 300 characters

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