A Case Study of Meeting the Japanese Challenge in Japan: International Business Machines, Japan

Abstract

The United States foreign trade deficit reached a high of $123.3 billion ins 1984. The deficit with Japan stood at $36.8 billion, the largest trade imbalance figures America had with any country. Japan's economic achievements over the past several decades have had a profound, even revolutionary effect on America's, and the world's economic and political systems. The relative impact has been the greatest on the United States, who saw its share of the world economy decline from more than one-third to about one-fifth since the 1960's.