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13 Cards in this Set

  • Front
  • Back

What year did Hong Kong revert back to China?

1997

What does BOPM's stand for?

Bottom Of the Pyramid Market

What does APEC stand for?

Asian Pacific Economic Cooperation

How do people in Taiwan differ from people in China?

Taiwanese people are more conservative with their actions

What does it mean by China's dual economic system?

Embracing socialism along with many tenets of capitalism

A bilateral trade agreement between USA and Vietnam lead to?

A lower tariffs on Vietnam exports

Who are the two major villains within the political system of Japan?

The country's long entrenched liberal Democratic political party and The hidebound Japanese bureaucracy

What are the reasons that make Japan shift their major partner from U.S to China?

1. Labor Cost


2. Maintaining local markets

What does APEC do?

Provides a formal structure for the major governments of the region to discuss their mutual interest in open trade and economic collaboration.

What are the 4 themes that have caused the stagnation in Japan?

Faulty economic policies, inept political apparatus, disadvantages due to global circumstances, cultural inhibitions.

What are the three out of their control circumstances that have caused Japan's end of century economic problems?

Japanese population is shrinking fast, Japan's complex language, Japan's lack of big car investments.

What are the negotiators of Shanghai area known for?

For being outgoing, big talkers and big spenders. They try to impress you.

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