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Word Count: 993
The German-Great Britain Trade Rivalry in Comparison to the US-Japan Rivalry The German-Great Britain trade rivalry like theUS-Japan trade rivalry involved a rising power cutting intothe trade of an already dominant trading power There wereseveral causes of the German-Great Britain trade rivalryaccording to Hoffman The first was Germans industrys zealin procuring new contracts and expanding markets They didthis by fulfilling contracts even if they were very small andconstantly trying to stay up with market demand SecondGermans had a knowledge of languages that the English firmslacked Third German industry was aided by their governmentIn contrast Great Britain did not even supply consularassistance in helping develop markets in British coloniesFourth British trade was hurt by the conservatism of Britishmanufacturers who were unwilling to develop new markets orhold onto those it already possessed These four factors arejust some of the factors that helped German industry grow andrival that of Great Britain These four factors are all very similar to theJapan-US trade rivalry Japan like Germany was able tocatch up to the US because the US was large and arrogantand refused to believe it could face competition from JapanLike Britain US industry believed that they could holdonto markets and would not face competition British and USindustry were startled by the fast rate of growth andindustrialization that allowed Germany and Japan to transformthemselves quickly into trading rivals This fast rate ofgrowth also caused friction between both sets of countriesRelations between Germany and Great Britain were damaged asthey bickered over markets in particular colonies in Africa This is similar to the friction between the US and Japanunfair trading practices and closed markets Both the US and Great Britain in response to losingmarkets toyed with the idea of economic nationalism andtariffs As Britain lost markets to Germany many in Britainfelt that Britain should adopt tariffs on goods while othersknown as the free traders believed that a free tradewould benefit Britain by creating markets This split betweenTariff Reformers and Free
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