Major players in international trade today
Who are the major players in international trade today? Besides Japan, what other Asian nations play significant roles in international trade?
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The major players in international trade are the United States, Japan and Germany along with Canada and the members of the European Union. China is an emerging power along with the newly industrializing economies of Hong Kong, Singapore, South Korea and Taiwan who have increased their share of global trade from about 3 percent of the total to 10 percent since 1972.
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Explain the statements: The market system provides such a variety of desired goods and services precisely.
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