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AAEI panel: Act now to reap EC '92 dividends NEW YORK -- To benefit most from a more unified European Community market after 1992, it is important for U.S. businesses not already positioned in Europe to act now.
This point was made by most of the panelists who spoke at the American Association of Exporters & Importers' (AAEI) session, co-sponsored by some EC Chambers of Commerce, on "EC 1992: Opportunity or Obstacle for U.S. Business Community."
It was one of three conferences held during the association's day-long forum on international trade recently held at the Grand Hyatt hotel here.
Although panelists spoke on differing aspects of EC '92 -- an easing of trade restrictions within the 12 participating countries that would in some respects create a unified European Community market -- the common thread running through each speech was that the advantages of a more economically integrated Europe outweighed most foreseeable problems.
Advantages mentioned by some speakers included a single market of 320 million consumers, the …