LIBERAL TRADE AND JAPAN THE INCOMPATIBILITY ISSUE IN ELECTRONICS
What would be the cause of those many trade conflicts between Japan
and the West? Do just lack of competitiveness and protectionism or
inaccessibility of the Japanese market trigger repetitive trade
conflicts or some mix? It may also be that economic systems of
Japan and the Western industrial nations are incompatible. Both,
the question of competitiveness and of frictions between both
systems are addressed in this book. Incongruity of the economy of
Japan and Western liberal system would have serious consequences
for the continuity of the world trade system. H a contradiction
between the two systems is supposed to exist, such a hypothesis
would require analysis of the basics of the existing trade system
and of the Japanese economy and what its effects on world trade
are. H it would be possible to explain salient features of Japanese
competitiveness from these frictions perhaps some recommendations
could be made for improvement of business and governmental trade
policies and of the international trade system. The present world
trade system is partly framed in rules dating from the end of the
1940s and reflecting economic experience as well as prevailing -
both theoretical and ideological - economic thought in the period
prior to their design. Part A investigates the liberal basis of the
international economic system and general position of Japan in that
system.
General
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