Word: effert
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Dates: during 1960-1969
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...President knows that America is far from worrying about wasting labor; but his reliance on the Trade Bill to have the opposite effert, that of expanding job opportunities, is astonishing. Like his hope that reducing tariffs will improve our reserves of international credit, it pre-supposes only an increase in exports as the major result of the Bill. Not only is this far from the Free Trade spirit (which seeks to increase the total volume of trade, imports and exports); it is surprisingly naive, in the face of the Common Market's manifest protection-mindedness. Despite the speeches of European...
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