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Comparison Of Trade Rivalries
Part I of Essay
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 .... Part II of Essay
....
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 countri ....
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Words: 531 - Pages: 2
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