Japan is one of the economic leaders of the modern world. In the production of industrial goods (cars, ships, video recorders, industrial robots, etc.), the country occupies a leading position in the world. Japan’s share of the world’s gross domestic product (GDP) was 7.4% ($4841.6 billion) in 2000. The average annual GDP growth rate in […]
Tag: Governments
FOREIGN ECONOMIC RELATIONS OF THE UNITED STATES
The United States ranks first in the world in terms of foreign trade in goods and services. The volume of exports of goods from the United States in 2000 amounted to 781.1 billion dollars, imports – 1257.6 billion dollars. In 2000, the United States accounted for 12.3% of world merchandise exports and 18.9% of world […]
"Force Majeure" or Force Majeure
Almost all foreign trade contracts contain a condition that allows you to postpone the term of performance of the contract or even exempts the parties from full or partial fulfillment of obligations under it in the event of circumstances beyond the control of the parties that prevent the performance of the contract after the conclusion […]