Japan has a very unique economy specially in the following aspects
In trade Japan has lost a significant market which is EU due to the crises of greece and many other europeans countries thus, the notation of trade routes of japan is shifting from far east to Europe to Far East to africa. however, the African market is still driven in favour towards cheap products and the japense products are considerably high tech & more expensive from the chinese due to their strong currency.
The economy in Japan has experienced growth by 12,7 % in their trade import and 2.7% in their export which proves the effect of Europe crisis on Japan and the huge damage which was resulted from Tsunami grew their import growth.
Moreover, the Japanese currency is very expensive even though their interest rate are at minimal which hinder their export growth by keep their products relatively expensive compared to other manfacturing nations.
Article :http://online.wsj.com/article/SB10000872396390444358404577604793015067990.html
In trade Japan has lost a significant market which is EU due to the crises of greece and many other europeans countries thus, the notation of trade routes of japan is shifting from far east to Europe to Far East to africa. however, the African market is still driven in favour towards cheap products and the japense products are considerably high tech & more expensive from the chinese due to their strong currency.
The economy in Japan has experienced growth by 12,7 % in their trade import and 2.7% in their export which proves the effect of Europe crisis on Japan and the huge damage which was resulted from Tsunami grew their import growth.
Moreover, the Japanese currency is very expensive even though their interest rate are at minimal which hinder their export growth by keep their products relatively expensive compared to other manfacturing nations.
Article :http://online.wsj.com/article/SB10000872396390444358404577604793015067990.html
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