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Barriers to Trade Negotiation Harmony: Cultural Contradictions

In: Economic, Industrial and Managerial Coordination between Japan and the USA

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  • Lawrence W. Foster

Abstract

The decade of the 1980s will be seen as a, and perhaps the, key decade in the growth and development of modern international trade and competition. From 1980 to the beginning of 1990 it is estimated that the total volume of world trade rose almost 40 per cent from $3871 billion (US) in 1980 to just over an estimated $5280 billion (US) by the end of 1989. The 1980s saw the initiation of the GATT Uruguay Round, the final planning for the implementation of a common commercial European Community by the end of 1992, and the new positioning of the Pacific rim nations for dominance of world trade in the 1990s.

Suggested Citation

  • Lawrence W. Foster, 1992. "Barriers to Trade Negotiation Harmony: Cultural Contradictions," Palgrave Macmillan Books, in: Kiyoshi Abe & William Gunther & Harold See (ed.), Economic, Industrial and Managerial Coordination between Japan and the USA, chapter 1, pages 11-26, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22445-6_2
    DOI: 10.1007/978-1-349-22445-6_2
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