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...NAFTA will be good to Mexico following this devaluation, but this does not mean that it will be bad for us. Trade is not a zero-sum game; now that we are in a free-trade zone, we benefit when Mexico benefits. And isn't that partly the goal of NAFTA anyway; to help improve life in Mexico through trade? We should enjoy our new connections with Mexico and be glad that we are in a position to help the country out of its currency crisis through trade and investment...

Author: By Jake Brooks, | Title: NAFTA Will Help Mexico | 1/11/1995 | See Source »

...course, the ECAC leads the nation with teams in the "Also Receiving Votes" category--Brown had 17, Princeton five, Vermont two, even one for Harvard. This is all subject to change, mind you, as none--zero--of those five teams managed a two-win weekend...

Author: By Darren Kilfara, | Title: Roller Coasting | 1/9/1995 | See Source »

Kasich, though, seemed undaunted. Let Clinton talk about killing one department, he said. He had plans to zero out four and eviscerate a fifth. (He declined to allow those departments to be named.) Kasich also figured he could whack more than one-fifth of the foreign-aid budget during the next five years without touching Israel's share, and cut another $26 billion from food stamps in the same period...

Author: /time Magazine | Title: Man with a Vision | 1/9/1995 | See Source »

...have had the same effect in a pre-NAFTA world, NAFTA's lower trade barriers would magnify it. But whether this is bad news depends on which side of the NAFTA debate you bought to begin with: Is Mexico's gain America's loss, or is trade a non-zero-sum game, in which both sides win more than they lose? Events of 1994 tend to support the latter case...

Author: /time Magazine | Title: Why Perot Is Still Wrong | 1/9/1995 | See Source »

...those small American cars that developed a reputation as tinny, tacky and powerless. Detroit's new subcompacts are stylish, drivable and affordable too, none more so than this remarkably popular little Chrysler (average price: $13,000). Most striking are its aggressive lines, responsive handling and tops-in-class acceleration (zero to 60 m.p.h. in 8.4 sec.). Originally intended for young drivers, the surprisingly roomy Neon now sits in the driveways of nearly 175,000 value- minded consumers of all ages, proving that these days good things really do come in small packages...

Author: /time Magazine | Title: The Best Products of 1994 | 12/26/1994 | See Source »

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