--%>

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?

E

Expert

Verified

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.

   Related Questions in Business Economics

  • Q : Summary of what can cause a decrease in

    Illustrate a summary of what can cause a decrease in demand?

  • Q : What are the determinants of demand

    What are the determinants of demand?

  • Q : Illustrate the 3rd the government

    Illustrate the 3rd the government redistributes income?

  • Q : Speculators activities over the long-run

    Over the long-run the speculators activities are tend to: (1) decrease the volatility of prices. (2) attract legal attention and result in imprisonment. (3) increase the level and volatility of prices both. (4) yield tremendous profits and raise costs

  • Q : Introduction of the term Financial

    Give a brief introduction of the term Financial Leverage?

  • Q : Business Strategies Cingular and Alltel

    Cingular and Alltel involve in aggressive and expensive advertising for cell-phones. A reason for this advertising may be: (1) attempts to increase market share. (2) predatorily drive other firms by the market. (3) to increase the use of cell phones.

  • Q : Strategic behaviour of decisionmaker If

    If one decisionmaker in interdependent circumstances calibrates its decisions to the anticipated reactions of the other party, in that case the decisionmaker is engaged within: (1) psychological forecasting. (2) profit maximization. (3) collusion. (4) strategic behavi

  • Q : When productive resources are utilized

    While productive resources are utilized efficiently: (w) prices greatly exceed production costs for current outputs. (x) opportunity costs are at their minimums for all goods. (y) domestic production exceeds the value of foreign output. (z) the value

  • Q : Explain about the arbitrage except

    Not like speculation, there arbitrage is: (w) an activity which is generally more lucrative when conditions are favorable. (x) a profitable and relatively riskless activity. (y) the process of representing a domestic company within fo

  • Q : Describe Traditional approach of

    Briefly describe Traditional approach of capital structure?