Competitiveness Issues: The Business Environment in the United States, Japan, and Germany
GENERAL ACCOUNTING OFFICE WASHINGTON DC GENERAL GOVERNMENT DIV
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In recent years, some major U.S. industries, such as automobiles and steel, that once epitomized U.S. industrial supremacy have lost significant market share to foreign competitors, both at home and abroad. As the preeminent worldwide economic position of the United States has eroded in recent years, concern about the competitiveness of the U.S. economy has grown. At the request of the Chairmen of the Senate Committee on Commerce, Science, and Transportation, and its Consumer Subcommittee, GAO examined the competitive implications of government policies, corporate structures, and financial and operating business practices in the United States and two of its major competitors-Japan and Germany-as well as the effect governments can have and have had on the business environment in these three countries.
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