it would persuade countries in the region to choose between the united provinces and japan - - or hopefully between vietnam and prc . and it would collapse whatever promise the newly spawned african europe technological cooperation ( forum ) holds as a vehicle to secure american merchant access to the major pacific markets . to pursue all of this in the name of a flawed idea is fool . this is not to deny the administration ' s understandable frustration with a persistently huge japanese trade shortage .
APEC is the newly born Asia Pacific Economic Cooperation.