Word: exportable
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Dates: during 1950-1959
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Rehabilitating commercial relations between this country and the Soviet bloc is made difficult primarily by three factors: American export controls, Soviet purchase demands, and reticence on the part of U.S. business interests. A glance at the statistics illustrates how these conditions have decreased U.S.-Soviet trade...
Secretary Benson had cause to smile; the decision meant victory for the department in a long, drawn-out discussion with the State Department. Benson is eager to export Commodity Credit Corp. cotton at attractive prices and has felt prods from similarly inclined cotton growers and Congressmen. The State Department, sensitive to pleas from fretful cotton countries, e.g., Egypt, Peru, Mexico, advised holding back the surplus lest it ruin the market and upset the economies of friendly countries...
...special program announced last year. Bids far below the world market price are refused. The CCC will follow the same sales technique with the 7,000,000 bales of more desirable upland cotton; later it may also dispose of another 6,900,000 bales held against loans. Cotton exports, 2,750,000 bales this year, will be upped gradually to a hoped-for 5,000,000 bales a year as the U.S., whose share of the postwar export cotton trade has slumped from 39% to 20%, moves to regain markets...
While Jamaica strove to cut its imports, a rich new export was discovered almost accidentally. In 1942 a Jamaican rancher wondered why he could not grow grass on his estate near Saint Ann's Bay and sent a soil sample to a U.S. laboratory for analysis. The test proved that the soil was rich in bauxite, the source mineral for aluminum. Two U.S. aluminum companies (Kaiser and Reynolds) and one Canadian (Aluminium Ltd., known locally as Aljam) rushed in, staked out one of the world's biggest bauxite reserves, and are now shipping more than...
...consignment of 18 light training tanks was about to be shipped to Saudi Arabia,'' said Hagerty grimly. "The President understands that the State Department is suspending export licenses of arms to that area." The State Department promptly did just that...