Tom M. answered • 05/25/21
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Adjunct Professor, Training and Development Specialist, Tech Analyst
As you know, Japan is an island nation with limited natural resources, particularly oil and gas. Hence, they must foster and promote international relations and trade to meet these vital needs. If they don't, then their economy and society will stagnate and stop growing and expanding.
Tom M.
18.45% Japan exports of goods and services as percentage of GDP is 18.45% and imports of goods and services as percentage of GDP is 18.19%. Japan Trade Statistics | WITS - Worldbank.org
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05/25/21
Bryce O.
Thank you so much that really helped! How about in terms of the 2nd question, does Japan rely heavily exports? Meaning the majority of wealth of the country is from exports.05/25/21