The German-Great Britain Trade Rivalry in Comparison to the U.S.- Japan Trade
Rivalry
The German-Great Britain trade rivalry like the U.S.-Japan trade rivalry
involved a rising power cutting into the trade of an already dominant trading
power. There were several causes of the German-Great Britain trade rivalry
according to Hoffman. The first was German's industry's zeal in procuring new
contracts and expanding markets. They did this by fulfilling contracts even if
they were very small and constantly trying to stay up with market demand. Second,
Germans had a knowledge of languages that the English firms lacked. Third,
German industry was aided by their government. In contrast Great Britain did not
even supply consular assistance in helping develop markets in British colonies.
Fourth, British trade was hurt by the conservatism of British manufacturers who
were unwilling to develop new markets or hold onto those it already possessed.
These four factors are just some of the factors that helped German industry grow
and rival that of Great Britain.
These four factors are all very similar to the Japan-U.S. trade rivalry.
Japan like Germany was able to catch up to the U.S. because the U.S. was large
and arrogant and refused to believe it could face competition from Japan. Like
Britain, U.S. industry believed that they could hold onto markets and would not
face competition. British and U.S. industry were startled by the fast rate of
growth and industrialization that allowed Germany and Japan to transform
themselves quickly into trading rivals. This fast rate of growth also caused
friction between both sets of countries. Relations between Germany and Great
Britain were damaged as they bickered over markets in particular colonies in
Africa . This is similar to the friction between the U.S. and Japan unfair
trading practices and closed markets.
Both the U.S. and Great Britain in response to losing markets toyed with
the idea of economic nationalism... [continues]
Rivalry
The German-Great Britain trade rivalry like the U.S.-Japan trade rivalry
involved a rising power cutting into the trade of an already dominant trading
power. There were several causes of the German-Great Britain trade rivalry
according to Hoffman. The first was German's industry's zeal in procuring new
contracts and expanding markets. They did this by fulfilling contracts even if
they were very small and constantly trying to stay up with market demand. Second,
Germans had a knowledge of languages that the English firms lacked. Third,
German industry was aided by their government. In contrast Great Britain did not
even supply consular assistance in helping develop markets in British colonies.
Fourth, British trade was hurt by the conservatism of British manufacturers who
were unwilling to develop new markets or hold onto those it already possessed.
These four factors are just some of the factors that helped German industry grow
and rival that of Great Britain.
These four factors are all very similar to the Japan-U.S. trade rivalry.
Japan like Germany was able to catch up to the U.S. because the U.S. was large
and arrogant and refused to believe it could face competition from Japan. Like
Britain, U.S. industry believed that they could hold onto markets and would not
face competition. British and U.S. industry were startled by the fast rate of
growth and industrialization that allowed Germany and Japan to transform
themselves quickly into trading rivals. This fast rate of growth also caused
friction between both sets of countries. Relations between Germany and Great
Britain were damaged as they bickered over markets in particular colonies in
Africa . This is similar to the friction between the U.S. and Japan unfair
trading practices and closed markets.
Both the U.S. and Great Britain in response to losing markets toyed with
the idea of economic nationalism... [continues]
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- APA
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(1999, 10). The German-Great Britain Trade Rivalry in Comparison to the U.S.- Japa. StudyMode.com. Retrieved 10, 1999, from http://www.studymode.com/essays/German-Great-Britain-Trade-Rivalry-Comparison-Us-2367.html
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"The German-Great Britain Trade Rivalry in Comparison to the U.S.- Japa" StudyMode.com. 10 1999. 10 1999 <http://www.studymode.com/essays/German-Great-Britain-Trade-Rivalry-Comparison-Us-2367.html>.
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"The German-Great Britain Trade Rivalry in Comparison to the U.S.- Japa." StudyMode.com. 10, 1999. Accessed 10, 1999. http://www.studymode.com/essays/German-Great-Britain-Trade-Rivalry-Comparison-Us-2367.html.
