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Surprising
Facts
About
Trade
• West German exports account for
28 percent of the nation's gross
national product (GNP). while
Japan's export share is 12 percent.
• In 1970, U.S. exports of goods
and services were about 6 percent
of GNP. but by 1980 had risen to 12
percent.
• One out of every eight jobs in
U.S. industry now depends upon
export sales. One out of every three
acres under cultivation in the United
States produces food or fiber for
export. Many other jobs supply
goods and services to workers in
export production.
• In one recent year in the United
States, 45 percent of all wheat, 25
percent of aircraft, more than 40
percent of construction and surface
mining machinery and 20 percent of
agricultura! chemicals were exported.
• Foreigners complain of Japan's
huge balance of trade surpluses with
major nations. But the overall
Japanese
~alance
of
payments
is in
the red because Japan spends more
money abroad than it takes in.
• More than 45 percent of Japan's
exports are purchased by developing
countries, while one U.S. job in 20 is
in production for export to such
nations.
• Japan's cost advantage over
24
U.S. autos in the American market
ranges from $1,500 to $2,000 a car,
due in large part to lower wage rates
and greater production
efficiencies.
• The typical Japanese
subcompact is assembled in about
14 hours, vs. 29 hours in the United
States. In 1980, one large U.S. auto
manufacturer figured its workers
earned $7.82 an hour more than
their counterparts in Japan.
• A Japanese auto can be
produced , transported and sold in
West Germany for one-fourth less
than the cost of a comparable
German model.
• Japanese products account for
more than 20 percent of the U.S.
auto market. 60 percent of the radio
market and 90 percent of motorcycle
sales.
• Cheap-labor countries can
absorb the rising costs of U.S. cattle
hides and still export finished leather
goods to the U.S. at prices that
undercut domestic producers.
• West European and U.S. officials
agree that survival in trade with
Japan and other newly arising
competitors líes in new measures to
improve industrial efficiency, greater
cooperation between employers,
unions and governments.
Prime Minister Eisaku Sato told the
editor-in-chief of this magazine,
Herbert W . Armst rong: " ... 1
have to warn you.
I
see approaching
danger of an economic and ind.us–
trial war between our two countnes!
We must do everything possible to
prevent that, for it might be more
terrible than a mi l itary war!"
There is a
cause
for repeated
cycles of these crises in wor ld
affairs! Mil lions will not believe it.
But the vast majority of humanity
are living the
wrong
way of life!
Wrong patterns of living are caus–
ing our terrible economic problems.
Trade wars, with t hei r attendant
threats of unemployment and poli ti–
cal upsets, have a
cause.
H ow did our fiercely competitive
world trading and economic sys–
tems begin? How did mankind get
into repeated cycles of threats of
trade war?
There is a beginning cause! There
will also be a tragi c ending- and
soon, unless nations change totally
their ways of living.
What i s the cause of these prob–
lems? The Bible reveals the
answer- believe it or not!
Source of Competitive Spirit
How many know there is a "father"
of the world's competi tive spi rit?
How many know why that attitude
of mind fills most of humanity?
Competition truly i s the "life of
trade" today, as businessmen say.
lt
fills almost every human activity.
And it is the cause of evil, human
conflict and war- including eco–
nomic and trade wars!
The essence of the destructive
competitive spirit is the attitude of
getting the best of every deal-to
take more than one gives.
lt
is the
attitude of being concerned only for
oneself, getting now, making a quick
killing for self.
It
is not concerned
about what happens to others.
Destructive competition is the
way of taking, exalting self, putting
others down, pride and ridicule.
1t
i s the way of
get.
There is, by contrast, an opposi te
way of life- the
give.way.
The give
way is the way of cooperation and
encouragement, the way of helping,
shar ing and serving others with what
one has.
It
is equal concern for
others' well-being as for onesel f. [t is
willingness to work harmoniously,
The
PLAIN TRUTH