Please help with the question below. I would like to chose Japan. Please provide
ID: 1225917 • Letter: P
Question
Please help with the question below. I would like to chose Japan. Please provide " trade-to-GDP ratio of Japan" as well. Thnak you!
Each student should study a nation, with its trade-to-GDP ratio as one of the pieces of information to collect. Then you will need to find out its currency and its current exchange rate with the U.S. dollar, primary exports, imports, major trading partners, and the trade agreements in which it participates. The WTO’s Trade Profiles (http://stat.wto.org/Home/WSDBHome.aspx?Language=E) has much of this data and is a useful data source.
Explanation / Answer
Studied Nation - JAPAN
Trade to GDP ratio - 35.9
Currency - Japanese Yen
Current exchange rate with US dollar - $0.0094/Yen or 105.99Yen/$
Primary Exports
The primary exports of Japan are as follows -
1. Optical equipments
2. Technical and medical equipments
3. Iron and steel
4. Organic chemicals
5. Plastic
Primary imports of Japan
The primary imports of japan are as follows -
1. Food items
2. Petroleum products
3. Manufactured goods
4. Electric machinery
5. Industrial chemicals
Major trading partners -
The major trading partners of Japan are as follows -
1. United States
2. China
3. European Union
4. Republic of Korea
5. Australia
6. Saudi Arabia
7. Chinese Taipei
Major Trade aggreements -
The Japan is part of following trade agreements -
1. ASEAN-Japan comprehensive economic partnership agreement.
2. Japan-Australia economic partnership agreement.
3. Japan-Brunei free trade agreement
4. Japan-Chile economic partnership agreement
5. Japan-India comprehensive economic partnership agreement.
6. Japan-Indonesia economic partnership agreement.
7. Japan-Malaysia economic partnership agreement.
8. Japan-Mexico economic partnership agreement.
9. Japan-Peru Free trade agreement.
10. Japan-Phillipines economic partnership agreement.
11. Japan-Singapore economic agreement for a new-age partnership.
12. Japan-Switzerland economic partnership agreement.
13. Japan-Thailand economic partnership agreement.
14. Japan-Vietnam economic partnership agreement.
15. Trans-Pacific Partnership (TPP)