International Trade with Japan
CHAPTER 1
INTRODUCTION
International Trade
Japan is the fifth largest importer and exporter in the world. Like many other Asian countries that have experienced rapid economic growth in the past few decades, exports have had a historical significance to the Japanese economy. The belief in the need to promote exports is part of Japan's self-image as a "processing nation". Japan imports raw materials and pays for them by processing the raw materials, thus adding value to them before exporting the output. In recent years, Japan has been the top export market for 15 trading nations worldwide.
Currently, Japan is a member of multiple international trade organizations such as APEC, WTO, OECD, the G-8 and the G-20. Japan plays a competitive role in international trade, although it still maintains protectionist policies in numerous industries, particularly in agriculture.
Geography
Japan is located in Eastern Asia, island chain between the North Pacific Ocean and the Sea of Japan. Japan is one of a strategic location in northeast Asia with total area about 377,915 square km which is consists of 364,485 square km of land and 13,430 square km of water.
Population
Tokyo is the capital in Japan with population approximately 126 million people. The literacy rate of education in Japan is 99% which is means that most of Japanese are educated people. Japan’s society is very homogenous, composed of 98.5% Japanese, 0.5% Koreans, 0.4% Chinese, and other 0.6% such as Brazilians, Filipinos, etc.
The official language is Japanese. Many Japanese also have some ability in writing and speaking English as it is a mandatory part of the curriculum in the Japanese educational system. Japanese uses four different writing systems which are Kanji (Chinese characters), Hiragana (phonetic alphabet for native words), Katakana (phonetic alphabet for foreign words), and Romaji (western alphabet used to write Japanese). Japanese vocabulary has been strongly influenced by loanwords from other
INTRODUCTION
International Trade
Japan is the fifth largest importer and exporter in the world. Like many other Asian countries that have experienced rapid economic growth in the past few decades, exports have had a historical significance to the Japanese economy. The belief in the need to promote exports is part of Japan's self-image as a "processing nation". Japan imports raw materials and pays for them by processing the raw materials, thus adding value to them before exporting the output. In recent years, Japan has been the top export market for 15 trading nations worldwide.
Currently, Japan is a member of multiple international trade organizations such as APEC, WTO, OECD, the G-8 and the G-20. Japan plays a competitive role in international trade, although it still maintains protectionist policies in numerous industries, particularly in agriculture.
Geography
Japan is located in Eastern Asia, island chain between the North Pacific Ocean and the Sea of Japan. Japan is one of a strategic location in northeast Asia with total area about 377,915 square km which is consists of 364,485 square km of land and 13,430 square km of water.
Population
Tokyo is the capital in Japan with population approximately 126 million people. The literacy rate of education in Japan is 99% which is means that most of Japanese are educated people. Japan’s society is very homogenous, composed of 98.5% Japanese, 0.5% Koreans, 0.4% Chinese, and other 0.6% such as Brazilians, Filipinos, etc.
The official language is Japanese. Many Japanese also have some ability in writing and speaking English as it is a mandatory part of the curriculum in the Japanese educational system. Japanese uses four different writing systems which are Kanji (Chinese characters), Hiragana (phonetic alphabet for native words), Katakana (phonetic alphabet for foreign words), and Romaji (western alphabet used to write Japanese). Japanese vocabulary has been strongly influenced by loanwords from other