Indeed, one of the most striking differences in today's economy is the role played by foreign products.
Imports rose at home, as foreign products became cheaper for Americans to buy.
American duties on foreign products declined from an average of 46% in 1934 to 12% by 1962.
"Now I think it should become easier to bring foreign medical products in," he said.
Americans still like a lot of foreign products, despite their higher prices, that they got to know when a strong dollar made them less expensive.
Trade barriers kept out foreign products - and most cultural influences, for that matter.
Today, foreign products account for only 22 percent of the foods on display.
"Consumers suddenly have money and they are spending it on foreign products."
It is no longer enough simply to offer a foreign product.
It was the first step into a market dominated by foreign products.