1. Globalization
Recently, Japan is trying to put steep tariffs on imported Chinese leeks, mushrooms, and a type of straw used for mats. ... In this case, China vegetables are very cheap to make compared with that of Japan. So consumers in Japan are buying Chinese goods and thus hurting their own economy. Japan is one of the world's largest exporters, and if many farmers get laid off then this would effect other markets of the Japan economy. ... The funny thing about Japan putting up tariffs is that they have always criticized the United States and Europe for putting up tariffs. ...
- Word Count: 2363
- Approx Pages: 9
- Grade Level: High School