visible trade

America wants Japan to meet import targets for some American goods. An unwilling Japan has decided to draw the line . Once, when Japan faced pressure from abroad, it would either give in re-luctantly or keep quiet and hope that the fuss would die down. No longer, it seems. The Clinton ad- ministration strongly believes in exerting such pressure .Its policy is to open some Japanese markets (which it deems to be closed)by setting import targets-an approach to trade policy that supporters call "results-oriented", This ugly term foreshadows uncertain consequences. Far from capitulating to this new thrust of American trade policy, Japan is taking a stand that could lead to a trans-Pacific confrontation. Japan's government is deeply opposed to what America's trade representative, Mickey Kantor, has called a new policy geared to "quantifiable results" for some products. Instead, Japan is undertaking a detailed defense of its record on trade.What is the meaning of "draw the line"?

America wants Japan to meet import targets for some American goods. An unwilling Japan has decided to draw the line . Once, when Japan faced pressure from abroad, it would either give in re-luctantly or keep quiet and hope that the fuss would die down. No longer, it seems. The Clinton ad- ministration strongly believes in exerting such pressure .Its policy is to open some Japanese markets (which it deems to be closed)by setting import targets-an approach to trade policy that supporters call "results-oriented", This ugly term foreshadows uncertain consequences. Far from capitulating to this new thrust of American trade policy, Japan is taking a stand that could lead to a trans-Pacific confrontation. Japan's government is deeply opposed to what America's trade representative, Mickey Kantor, has called a new policy geared to "quantifiable results" for some products. Instead, Japan is undertaking a detailed defense of its record on trade.Could you guess what sort of "pressure" the writer refers to?

America wants Japan to meet import targets for some American goods. An unwilling Japan has decided to draw the line . Once, when Japan faced pressure from abroad, it would either give in re-luctantly or keep quiet and hope that the fuss would die down. No longer, it seems. The Clinton ad- ministration strongly believes in exerting such pressure .Its policy is to open some Japanese markets (which it deems to be closed)by setting import targets-an approach to trade policy that supporters call "results-oriented", This ugly term foreshadows uncertain consequences. Far from capitulating to this new thrust of American trade policy, Japan is taking a stand that could lead to a trans-Pacific confrontation. Japan's government is deeply opposed to what America's trade representative, Mickey Kantor, has called a new policy geared to "quantifiable results" for some products. Instead, Japan is undertaking a detailed defense of its record on trade.What does "defense" mean?

Another explanation is that many of the market's original 282 directive have already been imple-mented." By Jan.1 we will have passed 95% of what we sought in 1986 to create the single mar-ket, and much of that will already have been translated into national law," said Perissich, European Community director-general for the single market. "Adjustment to the market has been going on for years and won't be expected over-night".Perissich agrees that the current weakness of European leadership is a problem, but he adds that the single market is now largely in the hands of all Europeans. "What the community has com-pleted rather well is the legal framework , but it is not a blueprint for how the single market will actu-ally work,"says Perissich."They have to invent their own single market according to their tastes, imagination, and ambition,"he adds.“That’s not for us to say from here."How would you interpret the word "translate"?

Another explanation is that many of the market's original 282 directive have already been imple-mented." By Jan.1 we will have passed 95% of what we sought in 1986 to create the single mar-ket, and much of that will already have been translated into national law," said Perissich, European Community director-general for the single market. "Adjustment to the market has been going on for years and won't be expected over-night".Perissich agrees that the current weakness of European leadership is a problem, but he adds that the single market is now largely in the hands of all Europeans. "What the community has com-pleted rather well is the legal framework , but it is not a blueprint for how the single market will actu-ally work,"says Perissich."They have to invent their own single market according to their tastes, imagination, and ambition,"he adds.“That’s not for us to say from here." Paraphrase the following sentence:"Adjustment to the market has been going on for years and won't be expected over-night"?

Another explanation is that many of the market's original 282 directive have already been imple-mented." By Jan.1 we will have passed 95% of what we sought in 1986 to create the single mar-ket, and much of that will already have been translated into national law," said Perissich, European Community director-general for the single market. "Adjustment to the market has been going on for years and won't be expected over-night".Perissich agrees that the current weakness of European leadership is a problem, but he adds that the single market is now largely in the hands of all Europeans. "What the community has com-pleted rather well is the legal framework , but it is not a blueprint for how the single market will actu-ally work,"says Perissich."They have to invent their own single market according to their tastes, imagination, and ambition,"he adds.“That’s not for us to say from here."Is there any difference between "a legal framework" and"a blueprint"?

Grain and soybeans futures prices retreated Wednesday on the Chicago board of trade amid little new export news. Soybeans futures prices initially gained on strong soybean oil prices tied to good world demand for vegetable oils. But investors became increasingly concerned about record U.S. supplies and the prospect of record brazilian supplies out of the Southern American country’s harvest this month."Beans is a waiting game for south America," said Mick. "We all know it's around the cor-ner.""Buyers of soybean products are likely to wait for prices to come down before entering the market because of the expected record supplies".Wheat futures retreated on ideas that recent gains were overdone. Traders said the agriculture department's decision last week to expand its export subsidy program is useless unless major buayers like China ship the grain they have bought.

The withdrawal of Soviet economic and technical aid in the early 1960s caused trade to shift away from the USSR and its Comecon partners towards Japan and Western Europe.

The following years, a tax law for joint ventures was promulgated .