Trade Relationships Between the U.S. & Japan

Because of the political overtones that this topic carries, extensive use will be made of research conducted by the government in support of American trade policies. The Department of State and the Department of Commerce both have significant research programs designed to assist American companies. In addition, strong use will be made of publications that focus on trade between the United States and Japan.

The differences between the environment that American companies face and the environment in Japan can be significant. For example, while unions exist in both countries, unions in Japan do not represent entire industries, but workers at a single company. This is in marked contrast to the United States where a single company may have to bargain with many different unions. The Japanese system enables comp

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uticals, and computer procurement. In 1994, the United States announced that impediments to American market access for paper and wood products in Japan may warrant future identification of these sectors for action under the "Super 301" Executive Order. In 1994, the United States also initiated a Section 301 investigation of regulatory barriers in Japan's market for replacement (aftermarket) auto parts. Framework negotiations on autos and auto parts continue (Maggs 2A). The governments of the United States and Japan recently announced a comprehensive financial services agreement under the United States-Japan Framework Agreement that will further open Japan's financial markets to foreign competition. The agreement will ensure that American financial institutions have the opportunity to compete more effectively in the Japanese financial market. The agreement opens the $1 trillion Japanese pension market to effective participation by foreign fund managers. The agreement also creates greater opportunities for foreign financial firms to participate in the $500 billion Japanese corporate securities market by permitting greater scope for the introduction of new financial instruments. Finally, the agreement will promote further int
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Some common words found in the essay are:
Commercial Guide, United States-Japan, War II, GATT Japanese, Development OECD, Japanese Government, Background Notes, American Japanese, Situation Japan's, United Japan, japanese government, country commercial guide, commercial guide, country commercial, american companies, united japan, united states-japan, department commerce, japanese economy, foreign direct, foreign firms, foreign direct investment, washington dc department, united states-japan framework, background notes 9,
Approximate Word count = 4886
Approximate Pages = 20 (250 words per page)

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