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Linking Trade and Technology Policies An International Comparison of the Policies of Industrialized Nations (1992) / Chapter Skim
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8. SUMMARY OF PANEL DISCUSSION
Pages 97-100

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From page 97...
... As Laura Tyson noted in her summary remarks, Japanese companies appear committed to maintaining and expanding their positions in high-technology trade, and there is good evidence that European nations are now intent upon ensuring that a significant share of high valued-added production takes place in Europe. Tyson asked the rhetorical question, Can the United States rest assured that the old policies used in many years past will work in this new context?
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From page 98...
... that make this difficult. Claude Barfield strongly disagreed with sectoral approaches, particularly subsidizing industries which he called "throwing money at the problem." Prestowitz, who argued that the United States manages trade de facto, suggested that the real question is whether we do it well or poorly.
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From page 99...
... Bilateral and multilateral approaches can, in the eyes of some, be complementary. Bilateral approaches, however, must be combined with a heavy dose of competition policy, according to Sylvia Ostry and Margaret Sharp.
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Key Terms

  • sectorally oriented
  • states manages
  • sylvia ostry
  • technology policies
  • manages trade

  • laura tyson
  • innovation paradigm
  • competition policy
  • traditional trade
  • real question

  • establish common
  • claude barfield
  • provide direct
  • common lines
  • significant share

  • create trade
  • foreign companies
  • sectoral approaches
  • predatory intent
  • japanese approach

  • multilateral trade
  • throwing money
  • appear committed
  • barfield strongly
  • production takes

  • stricter approach
  • clyde prestowitz
  • embraced industrial
  • nor technology
  • trade conflicts


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