iesday • October 12, 1994
'^jpHE gATTALION
| mtinued from Page 1
Stick
The Battalion • Page 3
By Alvaro
i||)encoU said that competi-
nd inflation are two of the
ahead for China,
repeat of 1989 could be the
[est problem,” Lippencott
Workers, students and oth-
‘ay become angered because
not getting their share.”
ph Greenwald, former am-
'dor to the United Nations
lobal Agreement on 'Tariffs
rade, said that the Pacific
il |s the fastest growing area in
,e world.
“Asia could be a goldmine for
he said. “It depends on
x fhajU.S. business does, and
A
Moog/te-
ross, ol
'S proof!
■ the U.S. government does
■S. business and trade laws.”
Jtcnwald there are sev-
Apmerging markets in the Far
ast, especially in Japan and In
vade, ski;
Talentei
other sta
■ school t:
1 me feel!
I could ifi
ind to.’G
dp othet
hat to 4'
r, TinaG;
al took p
'am
low shes
B’s and!:
The Inkwell
By Brad
"Japan is still a major market
jen in a recession,” Greenwald
lid.
He said Japan is the second
fittest economic power, even
hen facing a recession.
e Japanese have shown an
tessive ability to compete in
ie world markets, Greenwald
lid.
|A problem for Japan is the
nic surpluses earned by
it,” Greenwald said. “Japan-
ieople pay two to three times
loro for goods. More imports
iduld be let in.”
ilreenwald said the economics
Adventures in Aggieland By Greg
India, South Korea, and In-
lesia will be a factor in this
■at pro?:
“They rd
eps theSL
ly motiii K 111 ?! economy.
J He said the classical descnp-
bn of India is the shackled giant.
t fhey have adequate re-
ces, except energy,” he said,
pey have had an agriculture
ilution, in some sectors tech-
ivemen a nd literacy are up. They
° a ^. ce adopted a rule of law from
taiongpu E p p e w ith it came lots of
iweaucracy. There is a great
of government ownership in
business.”
loiith Korea is concentrating
export growth, Greenwald
is year
mentary
unusual
achers
But the question is can they
pete?” he said.
Ipeenwald said that NAFTA
nations developing their
Inomies will not affect industri-
;ed nations.
■'The large sucking noise from
smdass. jVifTA hasn’t happened,” he
zes the ipd “p ree trade is important
lism clasjBoughout the world.”
said. 1*
stuff lihll
Weather
Today
Mostly sunny and warm. High
near 78. North windsat 8-10 m.p.h.
Tonight
Clear and cool. Low near 53:
Light northeasterly winds.
Thursday
Partly cloudy. High near 81.
Northeasterly winds at 5-10 m.p.h.
Thursday Night
Partly cloudy. Low near 57.
Friday Night
Partly cloudy. High near 83.
Source - A&M Chapter of the American Meteorological Society
hair of E
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stopped
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icans, ••
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,ay wha; ;:
hose m,
dings off
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