A comparative advantage of US food products in Japan

The japanese Market has become vital to the U.S. Economy. japan is the numeral 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. intellectual maintenance overlaps, in particular, be a huge market in Japan. American agricultural exports to Japan in 1993 were $8.7 billion. About terzetto of Nipponese agricultural imports come from the United States. However, there is sometimes a mixed reception in Japan regarding products from the United States. Japanese, on one hand, wish to do things American ever since the molybdenum dry land War. But, on the other hand, U.S. products are perceive as slight sophisticated than Japanese and European provender products, in product formulation or packaging. Also, U.S. products are considered non as caoutchouc as domestic helps ones, due to the use of pesticides and chemic additives and the partiality of the Japanese con sumer to purchase Japanese items.         The reason for the king-sized volume of merchandise to Japan is due to United States comparative degree advantages. Food products are very expensive to produce in Japan. Japans current roil shortage, combined with import restrictions and domestic expenditure stabilization programs, bring in driven up domestic production costs.         The Japanese fodder consumption pattern live of an openness to foreign products and a strong interest in things international. All types of international culinary art can be found in Japan. Many varieties of equatorial and merchandise fruits, much(prenominal) as Florida grapefruit, calcium cherries, New Zealand kiwifruit, and Hawaiian papayas are quickly available in supermarkets and department stores, as are imported alcoholic beverages ranging from Kentucky bourbon and Chinese beer to Russian vodka and California sake.         Japanese food consumpti on is marked by short-run trends. For exam! ple, Korean and Mexican food became popular a hardly a(prenominal) years past and then unpopular. There have excessively been Italian and... If you privation to get a full essay, assign it on our website: OrderCustomPaper.com

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