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and I need correction for it grammer , syntax , etc
Economics in Bahrain and Japan
Are we going to have a balanced scale when we put Bahrain and Japan on it!? Can Japan and Bahrain be successfully economically collaborated to each other?!! Once we hear Japan, our mind will directly recognize that Japan is one of the largest economies in the world and is the leader in the technology and machinery area. “Japan is the world’s second-largest economy” by real GDP, nominal GDP and by market exchange rates. Bahrain is a small kingdom not well known by other nations. In fact, there are two differences and two similarities between Bahrain and Japan.
When we come to considering differences, what is the most notable is the resource of their economy. Even though Japan is powerful in industry, it imports the resources from other countries, while on the other side Bahrain exports its resources to the outside. For example: its oil which is the most valuable resource and the power of its economy. Moreover, the workforce of Japan in their economy are almost locals , because the local has the priority in their economy, however, the workforce in Bahrain are other nationalities come from the poor countries such as India , who are accept lower wage than local workforce.
Bahrain and Japan share two main similarities despite the differences. First of all, both Bahrain and Japan in the past went through crises that played a role in their economy, while as Japan entered in the 2nd world war and ended with huge damage, Bahrain faced an oil crises in the gulf war. But both Bahrain and Japan stood up and continued to develop their economy in a better way than before. Free trade agreement (FTA) was adapted by Japan for strengthening the weak sector in their economy. also, Bahrain followed this policy in an agreement with the USA.
When we compare the economy in both Bahrain and Japan we find that they differ in their import and export and also in their workforce. As well, Bahrain and Japan are has same economic policy (FTA), also both went through hard crises in their economy. These similarities and differences play a major role in defining the relationship between these countries. The economics of Japan and the economics of Bahrain have many differences, but they also have much in common, and I believe that Bahrain and Japan are able to collaborate successfully in many economic areas.