Word: exportable
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Dates: during 1950-1959
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...said that although a 12-billion-peso debt existed when he took over, Argentina "does not owe a cent to anyone" now. Fact is that Argentina owes $125 million borrowed last year from the U.S. Export-Import Bank...
...Britain's postwar scramble for dollars, no exporters have scrambled harder than two rivals of the motor industry: Viscount Nuffield, head of Morris, and Leonard P. Lord, boss of Austin. When Lord brought out a new Austin for the export trade, Nuffield retaliated with the popular-priced Wolseley. When Lord introduced two bigger models, Nuffield struck back with the sporty M.G. and the sleek Riley. No sooner did Lord start pushing Austin's two-seat convertible than Nuffield brought out a new Morris Minor. (TIME, Feb. 7, 1949). But since Lord had been Nuffield's right-hand...
...Ruhr has a capacity of 15 million tons a year, but the allies, remembering Hitler, hold down Ruhr production to 11,100,000 tons for domestic use and export. Recently, the August-Thyssen Huette Steel Works asked permission to increase production from 117,000 to 1,000,000 tons. Last week a joint U.S.British-French board turned Thyssen down. The Germans were baffled. Does the West need the Ruhr badly enough to run the risks of its revival? By seeking West German participation in NATO, the West had implicity decided that it does. The answer no longer seemed so clear...
...crisis: ¶With an arms budget of $13 billion spread over three years, Britain is putting more coal, steel and manpower into defense than any other European country. ¶ Imports of raw materials and food are costing Britain 40% more than they did before Korea; the prices of her exports are up only 25%. Uneven worldwide inflation means that Britain must exchange almost twice as many automobiles and tweeds as she did for the same amount of wheat and wool she bought a year ago. ¶ Britain is not producing enough coal and steel to supply both her export industries...
Salmon & Secrets. In 1946 a Communist friend turned him over to a Tass correspondent named Anisimov, who plied him with champagne at his home, treated him to cozy téte-à-téte dinners of jellied Volga fish, Siberian smoked salmon, choice vodka, potent Swedish export beer and voluble persuasion. After three years of this, Ernest was considered ready for espionage...