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Why do Asian nations compete to import products to the U.S. and European markets?

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Answer

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Wiki User
03/30/2008

There's money to be made in the American and European markets. The people in these markets generally have some money to spend on stuff that the Asian nations can produce economically. The Asians elect to make goods and export them because the stuff they make and ship is wanted, and it can arrive in these markets priced attractively. That allows the suppliers, the Asian companies and their employees, to get paid. The Asians can do just about any manufacturing that the U.S. and Europeans can, and do it about as well. (Where do you think they got the technology to make the stuff they make?) In addition to being able to make stuff, they can do it cheaper, including the shipping. Show them the money.