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Word: semicompact (lookup in dictionary) (lookup stats)
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...degree of government protection against foreign competition. Despite a 50% cut in tariffs this year as a result of the 1964 Kennedy Round of global tariff negotiations, imported autos still cost two or three times as much in Japan as in their country of origin. Ford's new semicompact Maverick, which sells for $1,995 in Detroit, carries a $4,167 price tag in Tokyo...

Author: /time Magazine | Title: Japan: Shift to High Gear | 5/2/1969 | See Source »

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