Word: exportability
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Dates: during 1970-1979
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Spending our resources to make this country what it should be will export more democracy, if that is our goal, than continuous foreign intervention and involvement...
...productive; it requires only around 25 man-hours to mold each ton of steel into ships, compared with Sweden's 32 man-hours and the U.S.'s 51 man-hours. It is this kind of efficiency, typical of Japan, that puts the country ahead in the great export race...
Policy Changes. The diplomatic acceptability of Cuba is the result not so much of any effort by Castro-who has not given up trying to export his revolution to his neighbors-as of the change in U.S. policy toward Peking and Moscow. If the U.S. can make new approaches to its old cold war antagonists, the argument seems to run, why then should Latin American states not show their independence by doing the same with Cuba? As a result, says one top State Department officer, "You can see the Latinos every day sawing away at the bars around Fidel...
...supply and aggravated inflation in some European countries, the foreign banks felt obliged to buy the dollars. If they refused, the dollar's value would fall. The real victims would be the Europeans, because their goods would become relatively higher priced-and less competitive-than American goods in export markets...
...Since it floated the pound last month, Britain has imposed a whole range of controls on capital outflows, strengthening barriers in force since 1947. Banks are severely limited in dealing in foreign exchange for their own investment purposes. Companies are allowed to buy foreign currency only for import and export deals or for officially sanctioned overseas investment. The rising burden of bureaucratic paperwork could threaten London's role as a world financial center. Says an official of London's Midland Bank: "These days I push paper for the government...