Word: exportability
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Dates: during 1970-1979
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...time of domestic recession and at the moment when so many other countries suspect any American motive. But it must be done, for America's own sake and that of others. In the past, the U.S. has committed sins of pride by believing that it can export its political and economic system and its culture to almost any country in the world and be thanked for it. America has learned better. Still, the U.S. cannot be truly itself unless it has a sense of being able to give something to the world and being relevant to the world...
...Eastern Europeans are being forced to foot part of the bill. They will pay $3.3 billion for Soviet gas and oil this year compared with $1.2 billion in 1973. Furthermore, prices of oil and other key Soviet export commodities (nonferrous metals, iron, cotton) will now be reviewed each year and will be brought in line with world prices, perhaps by 1978. That will hurt Rumania...
...academic team had enough ties to reel in the biggest companies--Nissan, Toyoto and Mitsubishi (a Japanese import-export firm)--despite the fact that none of these grants were tax-exempt in Japan. And the links Reischauer forged as ambassador to Japan in the 1960s figured significantly in the Japanese government's presentation last year of $1 million to Harvard to support Japanese studies...
...January, Pérez's government also nationalized the rich iron ore industry, which had been controlled by U.S. Steel and Bethlehem Steel. Last year Venezuela produced more than 26 million metric tons of ore, almost all for export. Venezuela's grand plan is to use much of its oil income to build a huge steel industry that will exploit its iron ore and great sources of hydroelectric power. Deep in the backlands on the Orinoco River, more than 200,000 people have already clustered in the government run, iron-and-steel community of Ciudad Guayana, where international...
...incipient cartel of five Latin American nations. The loan is to enable them to cut coffee production in an attempt to prop up prices. In addition, Venezuela and Mexico are the main forces behind an embryonic Latin economic community that aims, among other things, to create multicountry firms to export the region's raw materials...