Word: japanized
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Dates: during 1980-1989
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...Potatoes are cheaper, tomatoes are cheaper," goes the Depression-era song, but you won't hear them singing it in Japan. A new survey comparing U.S. consumer prices with their Japanese counterparts confirms what travelers have been saying for years: Japan is a bargain hunter's nightmare. On average, consumer costs in Tokyo run 40% higher than those in New York City...
...joint project of the U.S. Commerce Department and Japan's Ministry of International Trade and Industry, the study examined the comparative prices of 122 products ranging from catsup to cameras. The results: 84 items were priced higher in Japan's capital than in the Big Apple. The more dramatic examples included European spark plugs ($7.60 in Tokyo, $1.70 in New York), U.S.-made electric shavers ($90.15 vs. $44.95) and Australian bed linen ($63.40 vs. $20). The Bush Administration is likely to cite the survey as evidence that Japanese trade barriers hinder competition that would lead to lower prices in that...
...With Japan already an economic superpower with the capability of becoming a military and political superpower, a strong, stable China with close ties to the U.S. is essential to balance the power of Japan and the Soviet Union in East Asia...
Cutler's boss is trying to get the message out that hard times are on the way. Lee Iacocca, who visited Washington last week to lobby Congress for a tougher, more focused U.S. trade and industrial policy toward Japan, said in a recent interview with the trade publication Automotive News, "They don't know there is a war on. They don't have the foggiest idea. Am I saying the worst is yet to come? I don't think we've bottomed out yet. That is what I am saying." No one in Detroit would contest his argument. The outcome...
Since the Ivy League will not officially support the game in Japan, players with no remaining eligibility will be targeted by IMG, according to The Pennsylvanian's article. Because of NCAA regulations, the players will not be contacted by IMG until the Ivy season ends, the article said...