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Comparison Of Trade Rivalries
Part one of term paper
The German-Great Britain trade rivalry like the U.S.-Japan
trade rivalry involved a rising power cutting into the trade of
an already dominant trading power. There were several causes of the
German-Great Britain trade rivalry according to Hoffman. The first was
German's industry's zeal in procuring new contracts and expanding
markets. The ...
Part two of term paper ...
develop markets in British colonies. Fourth, British trade was hurt by
the conservatism of British manufacturers who were unwilling to
develop new markets or hold onto those it already possessed. These
four factors are just some of the factors that helped German industry
grow and rival that of Great Britain.
These four factors are all very similar to the Japan-U.S.
trade rivalry. Japan like Germany was able to catch up to the U.S.
because the U.S. was large and arr ...
Word count: 531 | Approximate pages: 2
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