Word: trades
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Dates: during 1990-1999
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Despite what Kovacevich (or John Stuart Mill, for that matter) may believe, cultural background unavoidably skews the development of our mind. But ideally, there should be no trade-off between cultural background and independent thinking. The ideas expressed in the editorial, properly distorted, have been used to silence outside criticism and impose one culture's norms on others under the guise of universal logic. Knowing that this statement will annoy Kovacevich, I must say that, as an international student, I have often felt this pressure...
...administration's policy of "constructive engagement" allows China a lot of breathing room, especially in terms of economic affairs. While the administration seems to embrace China because it claims to supports "free trade"--very much controlled by the Communist government--they ignore Chinese arms sales to Pakistan and Iran, theft of American satellite technology for military use, attempts on the part of the Chinese military to influence the 1996 election, and now this key development...
...possible to understand the dilemma the administration faces towards China. Many analysts and entrepreneurs who support Most Favored Nation status and trade agreements with China, saying the United States should allow it to develop economically before it develops politically (despite egregious human rights abuses). Yet the Clinton administration's laxity towards the second greatest military power in the world is extremely naive...
...Federal Trade Commission approved and announced Wednesday the details of its antitrust settlement with Intel. The surprise deal, which is still subject to public comment, was struck last week on the eve of a major antitrust trial. The truce helps establish new limits on the exercise of market dominance. In the Intel case, the microprocessor giant has agreed not to withhold -- or threaten to withhold -- technical information as a way of getting companies to sign away intellectual property rights. Computer makers such as Compaq, IBM and Dell are highly dependent on Intel for advanced information when designing new computers that...
This may hurt us as much as it hurts you... Monday's congressional calls for Washington to block China's bid for membership in the World Trade Organization over the nuclear secrets issue won't be welcomed by U.S. exporters. "Although Beijing knows China needs it, WTO membership is bitter medicine because it forces them to open up their markets," says TIME Beijing bureau chief Jaime Florcruz. "A lot of Chinese industries will collapse in the face of competition, which is why Beijing would have preferred to enter the organization with the status of a developing country, which would give...