A comparative advantage of US food products in Japan

The japanese Market has become vital to the U.S. Economy. japan is the numeric one export market for the get together States. In 1993, Japan accounted for 37.6 percent of the total growth in U.S. value-added exports.         U.S. intellectual diet 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 gage dry land War. But, on the other hand, U.S. products are perceived as slight sophisticated than Japanese and European fodder products, in product formulation or packaging. Also, U.S. products are considered not as caoutchouc as house servants ones, due to the use of pesticides and chemical substance additives and the partiality of the Japanese cons umer to purchase Japanese items.         The reason for the monolithic volume of merchandise to Japan is due to United States comparative advantages. Food products are very expensive to produce in Japan. Japans current roil shortage, combined with import restrictions and domestic wrong stabilization programs, bring in driven up domestic production costs.         The Japanese aliment consumption pattern harp 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 equato rial and import fruits, such as Florida gra! pefruit, calcium cherries, New Zealand kiwifruit, and Hawaiian papayas are pronto 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 consumption is marked by short-run trends. For example, Korean and Mexican food became popular a hardly a(prenominal) years ago and then unpopular. There have excessively been Italian and... If you requisite to get a full essay, assign it on our website: OrderCustomPaper.com

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