Comparison of Trade Rivalries

Comparison of Trade Rivalries

The German-Great Britain trade rivalry like the U.S.-Japan
trade rivalry involved a rising power cutting into the trade of
an already dominant trading power. There were several causes of the
German-Great Britain trade rivalry according to Hoffman. The first was
German's industry's zeal in procuring new contracts and expanding
markets. They did this by fulfilling contracts even if they were very
small and constantly trying to stay up with market demand. Second,
Germans had a knowledge of languages that the English firms lacked.
Third, German industry was aided by their government. In contrast
Great Britain did not even supply consular assistance in helping
develop markets in British colonies. Fourth, British trade was hurt by
the conservatism of British manufacturers who were unwilling to
develop new markets or hold onto those it already possessed. These
four factors are just some of the factors that helped German indust...