The German-Great Britain Trade Rivalry In Comparison To The US-Japan Rivalry

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The German-Great Britain Trade Rivalry in Comparison to the US-Japan Rivalry

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The German-Great Britain trade rivalry like theU.S.-Japan trade rivalry involved a rising power cutting intothe trade of an already dominant trading power. There wereseveral causes of the German-Great Britain trade rivalryaccording to Hoffman. The first was German's industry's zealin procuring new contracts and expanding markets. They didthis by fulfilling contracts even if they were very small andconstantly trying to stay up with market demand. Second,Germans had a knowledge of languages that the English firmslacked. Third, German industry was aided by their government.In contrast Great Britain did not even supply consularassistance in helping develop markets in British colonies.Fourth, British trade was hurt by the conservatism of Britishmanufacturers who were unwilling to develop new markets orhold onto those it already possessed. These four factors arejust some of the factors that helped German industry grow andrival that of Great Britain.

These four factors are all very similar to theJapan-U.S. trade rivalry. Japan like Germany was able tocatch up to the U.S. because the U.S. was large and arrogantand refused to believe it could face competition from Japan.Like Britain, U.S. industry believed that they could holdonto markets and would not face competition. British and U.S.industry were startled by the fast rate of growth andindustrialization that allowed Germany and Japan to transfor...

Submitted by: 4freeessays
Date Submitted: 09-23-06 2:52pm
Category: Miscellaneous
Words: 944
Pages: 3.78