recession, Korea’s demand for imported cars continued to increase. Moreover, Korean market conditions are changing in favor of Japanese automobile manufacturers due to Korean government’s recent changes in trade policy.
By reading this business plan, you will be able to get a clear vision and reasons why our company should enter into the Korean automobile market in the near future.
II. 2. The progress of Yen carry trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank as
trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank assets in 1997 and 1998 is accounte
trade barriers, tariff rates, liberalization of the service sector, investment expansion, intellectual property rights, competition policies and broad economic cooperation. Eventually in 2005 negotiations were stopped partly because of the lack of consensus over economic issues such as trade imbalance and agricultural problems. But they started over again, they held Working Level Consultations 4
trade volume, foreign dependency, scale of foreign loan, etc)
3. The system of classification of exchange rate system of IMF
• Exchange arrangement with no separate legal tender
12 countries of EU organize EMU and use a single currency.
Panama, Ecuador and some Latin American countries suffered a severe inflation take dollarization in which they use dollar as their currencies.
8. Why did Korea experience more and severer labor disputes in the late 1980s than earlier periods?
한국의 노동투쟁 및 파업의 시기는 정치적 불안의 시기와 일치하는 경향을 보인다. 특히 1980년대 후반의 격렬했던 노동투쟁은 1987년 당시 집권여당의 대통령 후보였던 노태우의 직선제 및 인권에 관한 공약이 기폭제가 되어
3. GATT의 다자간 무역협상
- 1차 제네바 라운드~ 5차 딜론 라운드 : 2국간에 쌍무적으로 주요 품목 중심의 관세인하 교섭 ※ 이를 통해 결정된 관세율은 전 가맹국에 무차별 적용
- 제6차 케네디 라운드 : 새로운 교섭방식인 <선형삭감 방식>채택과 평균 35% 관세인하
- 제7차 도쿄 라운드 : 33%의 관세
I. Environment Analysis
Introduction
Lately, South Korea's cosmetic companies are actively entering Japanese market. In particular, low-priced brand companies entering are remarkable. Continuing the long-term recession, Japanese consumers find inexpensive cosmetics. Through this period, cosmetics of South Korea draw popular through low price and good quality. Celebrity publicity is also inf
policies were largely underdeveloped or functioned, at the most, as a subsidiary of economic and industrial policies. Recently a new form of DS is appeared. In MB government, this is magnified. Thus we are willing to find some similar characteristics of the past DS and current DS.
Against the backdrop of these circumstances, this article aims to explore the economic and social performances of t
a. Macro Economic Indicators (ex. GDP) : GDP ↑ → Currency↑
b. Capital Market : Money Supply ↑→ Currency↓
c. Government Policy : Interest Rate ↑→ Currency↑
Japanese Yen surged by 4.6% to 80 yen per dollar just within minutes on Wednesday in practice and it was the biggest move in history
Insurance companies and many other Japanese Companies withdrew their foreig