The Amazing Race, By William H. Davidson. John Wiley Sons, 605 Third Ave., New York, Ny 10158; 270 Pp., $17.95.

Feb 1, 1984

No alarmist he, a business teacher and consultant bets heavily on the American side coming down the homestretch in the race for technological superiority with Japan. The arguments consist of market-by-market reviews of Japanese strategies in sectors of computers and communications, and conclude that, despite Japan's current advantage in price stucturing and production systems, our team from industry and government will be able to mount more than adequate responses.