Why are They "General Trading Firms

Eisuke Daido

Japanese Economy, 1976, vol. 4, issue 4, 44-62

Abstract: Japan's economic development is inseparably tied to the development of foreign trade. From early in the Meiji era onward, the degree of Japan's trade dependence rose year by year to the point that exports and imports were about 20 percent of net national product early in the Showa era (1927-). In the postwar period, by contrast, Japan's trade dependence fell sharply to around one-half the prewar level. Quantitatively speaking, among the advanced industrial countries Japan has become the nation with the lowest degree of trade dependence next to the United States.

Date: 1976
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DOI: 10.2753/JES1097-203X040444

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