Word: exportable
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Dates: during 1950-1959
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...Trade. "The Soviet Union stands for the development of trade with Latin America ... In particular, the Soviet Union could export . . . different kinds of industrial equipment and machinery...
...Latin America, as in the Near East and South Asia, the Soviet Union last year stepped up its efforts at economic, diplomatic and cultural penetration. To counter the Reds, the U.S. Government has fattened the Information Service budget for Latin America and broadened the lending program of the Export-Import Bank. But the most important barrier to Red penetration is the Latin Americans' own common-sense awareness of Communist aims and methods. From a Communist viewpoint, last week's reaction to Moscow's "mutual advantage" line was hardly encouraging...
...several measures in the Benson program which seem capable of lessening some of the current program's worst evils. Foremost among them is the drive to expand foreign markets for American commodities. Benson's recent trip abroad, taken to work out trade agreements, presaged an all-out effort to export surpluses. Any success in this, however, depends heavily upon Congress lowering tariffs, and only if the President pushes his announced program on tariff reduction will this part of the plan be feasible...
Coffeemen already knew that a menacing surplus was piling up (TIME, June 20). What surprised them was the fact that the U.S. State Department's representative on the committee joined the Latin experts in signing a report calling for export quotas and stockpiling to keep coffee prices from sinking through the floor. Main reason for the softening of the State Department's longtime opposition to international coffee-price props is that coffee is, after all, Latin America's No. 1 export. It accounts for 97% of El Salvador's exports to the U.S., 90% of Colombia...
...land of few but salient features: yaks, prayer flags, monks, and declining population. Yaks especially. Tibetans plow their fields with yaks, eat yak meat and cheese, light their lamps with yak butter, and drink fifty cups of yak butter tea a day. Yak is also the country's chief export--its fur makes Santa Clause beards. Lowell Thomas Jr. adds significantly now and then, "Yes, it's those old yaks again...