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Introductions by Project Co-Chairs
Pages 13-15

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From page 13...
... It demonstrates that friction of major proportions can still easily occur in the international trading system. The United States contends that the genesis of the friction is to be found in Japanese government policies that promote this key sector through protection of the home market.
From page 14...
... Is the promotion of technological development, at least at the level of basic science, likely to lead to major trade friction or does it just spur healthy international competition? Many governments are continuing to implement competitive industrial policies with investment of public funds in the development of new, commercially relevant technologies.
From page 15...
... We can then work together to promote shared objectives in harmony without risking friction that could lead to debilitating trade wars. ERHARD KANTZENBACH: I will first say a few words about the two German institutes that are partners with the National Research Council in this project.


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