Four Superpowers in the International Trade with High-Tech Products

Abstract

This article is an analysis of the four world superpowers (China, EU-27, USA and Japan) trade with the high-technology products (HT), in the period of the last disposable five years (2007-2011), period that encompasses also the global economic crisis. Fortunately, the crisis had no major impact on this commerce, as it is very easy to see from the text below. The article is structured in three parts: 1- methodological considerations for the scientific approach understanding, 2- the trade evolution of the four participants to the international trade with HT products, in 2007-2011 period that constitutes the main part of the analysis and 3- some dominant conclusions of the undertaken analysis. The selected subject is one of great interest having in view the technological course which takes place nowadays in the global economy and the efforts of the leading international countries (or states’ unions) for the domination of the HT international market.

Keywords

• high-tech products
• international trade
• China
• USA
• EU-27
• Japan