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. ... Government intervention in trade in order to bring an economy higher up is a form of neoclassic liberalism. ... Thus, the government was trying to make money and help their own economy at the cost of other economies. ...
- Word Count: 2363
- Approx Pages: 9
- Grade Level: High School