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Modern Asia
Modern China and Japan
| Term | Definition |
|---|---|
| exists when a country exports more goods than it imports. | Trade Surplus |
| A fee that a country charges on imports or exports. | Tariff |
| is one which the government owns all businesses and makes all decisions. | Command Economy |
| locations where foreign business people can own companies. | Special Economic Zones |
| Japanese companies are being known to manufacture | High Quality Electronics |
| Being able to produce quality merchandise at a low cost. | Efficient |
| Most of Japans economy is made up of | manufacturing |