RonBee
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- Feb 9, 2003
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Economics in Bahrain and Japan
Are we going to have a balanced scale when we put Bahrain and Japan on it?
Obviously, no. (I assume it is an imaginary scale.)
Can Japan and Bahrain be successfully economically collaborated to each other?
That sentence requires explanation.
Once we hear the word "Japan", our mind will directly recognize that Japan is one of the largest economies in the world and is the leader in the technology and machinery area.
I'm curious about where you got the expression our mind will directly recognize.
"Japan is the world's second-largest economy" by real GDP (gross domestic product), by nominal GDP and by market exchange rates.
You might want to elaborate on that.
Bahrain is a small kingdom not well known to other nations.
Bahrain is a small kingdom not well known around the world.
In fact, there are two differences and two similarities between Bahrain and Japan.
There are two key differences and two key similarities between Bahrain and Japan.
When we come to considering differences, what is the most notable is the resource of their economy. Even though Japan is powerful in industry, it imports the raw materials from other countries, while on the other side Bahrain exports its resources.
When we come to considering differences, what is most notable is their economies. Even though Japan is powerful in industry, it imports its raw materials from other countries. On the other hand, Bahrain exports raw materials.
For example, its oil, which is the most valuable resource and the power of its economy.
For example, Bahrain exports its oil, its most valuable resource and the engine of its economy.
Please explain how you came up with that.Moreover, the workforce of Japan in their economy is largely native, because the locals have the priority in their economy