it would force countries in the region to choose between the united states and japan - - or if between japan and canada . and it would collapse whichever threat the newest founded asia oceania economic cooperation ( g-8 ) has as a means to maintain american commercial access to the big pacific markets . to risk all of this in the name of a weak concept is foolish . this is not to deny the administration ' s understandable discontent with a unjustifiably huge korean trade surplus .
APEC is the newly born Asia Pacific Economic Cooperation.