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Japanese and Canadian economies in Relation to Each Other and the International Economy

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  1. Japan has played a significant role in the development of the global economy.
  2. The Trade Dispute between Canada and Japan.
  3. Differing ideologies that both countries held with respect to the development of three partnerships and foreign investments.
  4. The Auto Industry.
  5. The tension created between Japan and Canada.
  6. Developments since the 1970s.
  7. Synthesis of the Data.
  8. Conclusion.

When the issue of international or global economic history is discussed, the overall impact of the United States on the development of the international economy is typically viewed as a linchpin for the development of investigation. While it is indeed evident that the United States has contributed considerably to the development of the global economy, it is evident that there are other countries that have made significant contributions to this process. Such as the case with Japan. Although Japan has only recently been noted to be a dominant presence in the world economy the reality is that this country has long played an integral role in the development of the global economy.

[...] One Japanese businessman is noting as stating that, atmosphere is just like that on the eve of World War II, when America, Britain, China and Holland surrounded Japan in the Pacific and tried to squeeze Japan by pressing on its supply of raw materials? (216). Thus, the conflict to that developed with respect to the automobile industry had definitively divided viewpoints based on the geographical location of the individual observer. Unfortunately, for Canada, the economic policies developed by Japanese government were not the only significant impediments to the development of the North American automobile industry. [...]

[...] What is clearly suggests is that the Canadian and Japanese governments have been able to effectively work together to improve the development of domestic economies while still ensuring favorable conditions for international economic development. Synthesis of the Data Synthesizing all of the information it has been presented in this investigation, it becomes evident that he trade dispute that developed between Canada and Japan occurred as a direct result of each country's decision to pursue different methods of economic development. Japan, in an effort to reduce the protectionist attitudes that have been established by the United States with respect to international trade developed extensively aggressive liberalization policies that would enable the government to effectively bolster the domestic economy. [...]

[...] Adding to the complexity of the methods that Japan utilized to bolster its automotive production, researchers have noted that as the number of automobiles produced by Japan increased each year, the United States and Canada works to develop strategic methods of that would enable North American auto manufacturers to retain a dominance of the international automobile industry. ?Western nations moved in step to competitively lower their production costs, financed with superior capital resources, to capture markets throughout the world? (Fukurai and Krooth, 85). [...]

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