The key issue of the day is the takeover of American markets by foreign-based companies.

Detroit auto companies have been unfairly criticized for their hefty incentives, when in fact, foreign-based companies are offering deals, too, Mr. Bradley said.

In many regions of this vast country, three times the size of California, people have raucously opposed such reforms, seeing them as benefiting foreign-based companies at their expense.

Japanese companies already account for nearly a quarter of the 5,000 foreign-based companies operating in New York.

Amen said the center hopes to broaden the study to get a handle on foreign-based companies moving work to the United States.

M.I.T. got only 3 percent of its on-campus research budget in 1990 from foreign-based companies.

Honda Up 5.5% Among the foreign-based companies, Honda of America sold 11,323 cars, up 5.5 percent.

President Clinton spoke of collecting more taxes from foreign-based companies during the 1992 campaign,but is thought to have envisioned doing this mainly through greater enforcement rather than rewriting the rules.

The executives questoned whether the American public was really comfortable with the use of their airwaves going toward the profit of a foreign-based company.

The reality for New York City is that the 2,500 foreign-based companies in the city, which employ 200,000 people, are critical to our economic future.