Word: exportable
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Dates: during 1950-1959
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...meeting of the East German Politburo, then Deputy Premier Fred Oelssner. whom Ulbricht put in charge of production and distribution of consumer goods in 1955, bluntly declared that as things were going "the country can expect a total collapse of its economy by 1960." The whole Ulbricht philosophy of export-at-any-price, and of imposing impossible production goals upon industry, had led "to an economy of permanent crisis." The country was grievously short of raw materials, can not even depend on the cheap coal that Poland now sells to the West...
...sneezes the world catches pneumonia, have been anxiously taking their economic temperatures. While inflation has been checked in most countries, there have been only a few scattered sniffles so far. One big reason: U.S. imports have remained high, chiefly because of an increasing demand for small European cars, while exports have dropped. If the U.S. recession ends this year, European businessmen feel that they will not be affected, just as they were not affected by the 1953-54 drop. Items: ¶Britain's exports are booming (cars were a record 14,000 in January), and the ratio of import...
Blunted Hatchet. To the Ways and Means Committeemen, Witness Weeks pointed out that the U.S. sells abroad 9% of all the movable goods it produces, that U.S. exports in 1957 added up to $19.5 billion, a sum greater than the domestic sales of the entire U.S. automobile industry. Added Agriculture. Secretary Ezra Taft Benson: in 1957 the U.S. exported $4.7 billion worth of farm products, about one-tenth of the total output. In order to protect the nation's vast and vital export trade, argued Weeks and other Administration witnesses, the U.S. must import goods so that foreign countries...
...Government also charged that RCA made cartel agreements with such foreign firms as Holland's Philips Lamp Works, West Germany's Telefunken and Great Britain's Electric & Musical Industries Ltd. (all named as coconspirators) not to license for manufacture or export their products into each other's sales territories, thus denied U.S. consumers the opportunity to buy competitive foreign radio apparatus...
...only a few, with perhaps several hundred paratroopers. Java has more population (54 million, v. Sumatra's 12 million). But Java must import even its food, is already in serious economic difficulties. Sumatra is rich in rubber, tin and coffee, provides some 72% of Indonesia's export revenues, v. Java's 17%. The rebel government made clear that its pressure on Djakarta would be primarily economic. As a beginning, it ordered Sumatra's oil companies (BPM. Stanvac. Caltex) to cease deliveries to Java and halt payment of tax revenues...