May 18, 2012

Truth Behind Japan's 'Free' Market

Clyde Prestowitz, Financial Times

AP Photo

When is an open market not really open? Ask Hyundai. The South Korean car giant spent nearly a decade trying to crack the Japanese market before pulling out in frustration in 2009. It is a saga worth noting as negotiators from nine Pacific countries try to conclude the trans-Pacific Partnership, a free-trade agreement, in Dallas.

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