Word: absorbed
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...When that happens, the Market will encompass close to 224 million people-more than the U.S. (185 million) or the U.S.S.R. (218 million). It will produce more coal and steel than either of the present-day great powers, be the world's second biggest automaker (after the U.S.), absorb almost half of all world exports. If Britain's partners in the rival European Free Trade Association (Norway, Sweden, Denmark, Austria, Switzerland, Portugal) become associated with the community, it will number some 264 million people...
...heat of the Commonwealth controversy, few Britons recall that its sacrosanct trade ties started as a marriage of convenience-and have lately proved increasingly inconvenient. Since the 1880s, British politicians have dreamed of the Empire as a competition-proof common market that would forever absorb British manufactured goods and supply cheap raw materials in exchange. But it never worked that way. In 1962, as Richard Cobden protested in the early 19th century, the Commonwealth is, in purely economic terms, "but a gorgeous and ponderous appendage to swell our ostensible grandeur without improving our balance of trade...
...abroad. But Washington has realized that the French can at best be delayed but not stopped in their efforts to assemble their own force de frappe-and that the West Germans someday may want to follow suit. Henceforth the U.S. will try not to prevent that force but to absorb it into a general West European setup...
...millionaire who controls the U.S.'s National Tea Co. and Britain's huge Allied Bakeries. In the last five years, Weston has built a chain of 236 supermarkets in Britain, is adding to it at the rate of three new stores a week, and intends soon to absorb two grocery chains in France...
...little to sell to one another. Mused an economist from Morocco, which still does two-thirds of its foreign trade with Europe's Common Market: "No matter how much good will we have toward Ghana and Guinea, there's only so much cocoa and bananas we can absorb." Similar hurdles also confront Africa's two other common markets. One of them is a loose, twelve-nation union largely consisting of former French West African colonies. It is hampered by the reluctance of richer members such as Cameroun and Gabon to get too involved with such poorer sisters...