Word: aneleventh
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...Japan reached aneleventh-hour agreement in time to avert a potentially devastating trade war. In announcing the deal, a jubilant President Clinton said "This agreement is specific. It is measurable."Japan will yield on the major sticking point of the negotiations, taking steps to open its markets to American auto manufacturers.While U.S. officials describe the deal as "historic,"TIME Detroit bureau chief William McWhirtersays its impact remains to be seen. One key point: will the $9 billion in new Japanese purchases of American auto parts -- which in Japan cost less than half the price of parts made by Japanese companies...
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