Word: exportability
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Dates: during 1970-1979
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...Soviets' abuse of such rights had earned them "the condemnation of people everywhere who love freedom." "By their actions," Carter added, "they have demonstrated that the Soviet system cannot tolerate freely expressed ideas, notions of loyal opposition and the free movement of peoples. The Soviet Union attempts to export a totalitarian and repressive form of government, resulting in a closed society...
...long ago a Belgian businessman wanted the European marketing rights for a new U.S. machine tool. After several of his letters went unanswered, he flew out to see the manufacturer, who told him: "We don't export -it's too much trouble." Unlike the aggressive, go-anywhere Yankee traders of old, modern American businessmen have long had at their doorstep the richest market on earth and felt far less pressure than their foreign counterparts to seek exports. But that could be changing...
...quiet, orderly and predictable as a sailors' bar on Saturday night. Crop failures sent world prices soaring to 65¢¢ per Ib. in 1974, and overproduction has made them plunge to about 8¢. Late last year the Administration signed the International Sugar Agreement, which would use buffer stocks and export restraints to keep prices between 15¢ and 19¢ per Ib. But the ISA deal must be ratified by the Senate; and Church, who represents a big beet-grower constituency, has kept the agreement bottled up in the Foreign Economic Policy Subcommittee, of which he is chairman. He plans to hold...
...economic bind. Unemployment is unacceptably high, yet efforts to bring it down by stimulating the domestic economy through tax cuts and heavier government spending might pump up already high inflation. Selling more goods to other industrial nations is no answer, either. It leads to furious charges that the exporting country is destroying jobs in the importing nation; witness the anger in the U.S. and Europe against Japan's export prowess...
...which does not have enough competent black technicians and managers to run the shuttered copper mines that provide about two-thirds of the country's foreign exchange earnings. Belgium's mine holdings were nationalized eleven years ago, but Belgians continue to run them and to export much of their product to Europe. Even if all the whites who worked at the vast Gé;camines mines that dominate Kolwezi could be lured back, it could still, after the last weeks' destruction, require up to a year to get the copper mines working again. In addition, the mines...