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Comparing Japan And American Food Markets
Part one of term paper
The Japanese Market has become vital to the U.S. Economy. Japan is the
number one export market for the United States. In 1993, Japan accounted for
37.6 percent of the total growth in U.S. value-added exports.
U.S. food products, in particular, are a huge market in Japan. American
agricultural exports to Japan in 1993 were $8.7 billion. ...
Part two of term paper ... Japanese and European food products, in product formulation or packaging.
Also, U.S. products are considered not as safe as domestics ones, due to the use
of pesticides and chemical additives and the partiality of the Japanese consumer
to purchase Japanese items.
The reason for the large volume of exporting to Japan is due to United
State's comparative advantages. Food products are very expensive to produce in
Japan. Japan's current labor shortage, combined with import restrictions ...
Word count: 753 | Approximate pages: 3
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