America: Losing Out On Exports?Karen Pennar
In years to come, the real trade battleground for Japan and the U.S. will be the developing world. With 80% of world population and with growth rates nearly twice those of industrial nations, developing countries "have already emerged as a legitimate fourth engine in the world economy" (after the U.S., Japan, and Europe), says Joseph P. Quinlan, of Dean Witter Reynolds Inc.
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