Comparative Government Report: Japan Japan is a first world, industrialized nation. They are considered an economic super-power. Japan has so small of a problem with poverty that they can afford to give money to neighboring nations who need help. Japan recently gave China the equivalent of $1 Billion to help combat poverty in China. Japan's poverty rate is so miniscule, every single source has Japan's poverty rate listed at NA%. However, it is known that there
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Like many industrialized nations, Japan is a major importer and exporter. Japan exports mainly motor vehicles, semiconductors, office machinery and chemicals. Japan imports mainly fuels, foodstuffs, chemicals, textiles and office machinery.
Japanese goods seem to sell easier in the U.S. then American goods do in Japan. Many economists say that this is because of the left-hand stereotype: Some businesses believe that what sells in London and New York will sell in Tokyo.