This report discusses the summit held by President Bill Clinton and other leaders of the Asia Pacific Economic Cooperation (APEC) on November 19, 1995. The report discusses the primary reason for the summit, an Action Agenda intended to lead to free and open trade and investment among its members. The report also discusses how APEC countries were divided on certain issues going into this summit.
This report examines: (1) the definition(s) of managed trade, (2) the underlying economic arguments for and against such policies, (3) past U.S. experiences with managed trade, (4) perceptions that Japan is somehow "different" from other trading nations and warrants a distinctive approach to resolving trade disputes, (5) the implications of the Administration's current results oriented approach to U.S.-Japan trade issues, and (6) alternative proposals offered in Congress to resolve trade disputes with Japan.
Date: June 14, 1994
Creator: Morrison, Wayne M.; Cooper, William H. & Nanto, Dick K.
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