it was force countries in the regional to choose between the confederate states and japan - - or maybe between japan and china . and it would collapse our promises the newly launched asia pacific technological cooperation ( asem ) holds as a tool to assure american commercial availability to the emerging japanese industry . to exploit all of this in the form of a failures concepts is foolish . this is not to deny the administration ' s understandable frustration with a persistent larger japanese trade loss .
APEC is the newly born Asia Pacific Economic Cooperation.