Word: exportable
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Dates: during 1960-1969
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When the U.S. did enter the war, Hoover came home to head the U.S. Food Administration. Without resorting to either price controls or rationing, he met the domestic and military food demands of the U.S., increased the export of foodstuffs to hungry allies by 35%. At the height of wartime passions, he urged that German and Austrian women and children be fed by the U.S. too. "I did not believe that stunted bodies and deformed minds in the next generation were the foundation upon which to rebuild civilization," he later explained. At war's end, Hoover headed a massive...
...good deal more than tariffs serves to retard trade within LAFTA. Political and monetary upheavals discourage long-range trade deals, and export financing is hard to come by in Latin America's tight capital markets. The Latin nations produce roughly the same kinds of basic commodities, sell little to one another. Railroads, highways and ports in many areas range from primitive to nonexistent, and shipping is in short supply. "To intensify trade," says Ecuador's National Planner Raul Paez Calle, "we must have an infrastructure of communications, transport, power supply and, perhaps more important, a human infrastructure...
Pushing the Undersell. For its services Hattori is paid only in prestige. "I hope some of the foreign visitors will remember us after the Olympics," says Company President Shoji Hattori, 64, second son of the late founder. To refresh their memories, Hattori salesmen are stepping up their export drive, in the past year have broken the Swiss monopoly in Norway, Denmark, and Sweden, where Seiko watches now sell at the rate of 9,000 a month. Another target is the U.S. market, which Hattori has heretofore tapped largely by supplying movements to Benrus. Despite forbidding U.S. tariffs, Hattori is beginning...
...Senator races breathlessly through his 171-page narrative, treating every possible political topic--from foreign aid to mental health--and capping each rhetorical flourish with a crescendo of statistics: "Exports now account for 4 per cent of our gross national product. The six countries of the European Common Market export 12 per cent of theirs--three times our rate. Other countries do better." Rarely does he stop to elaborate the data, to consider for example the obvious fact that not all countries need export the same percentage of their output...
...well in foreign sales, thanks largely to the popularity of their light tanks and the Mystère II interceptor jet. West Germany still relies heavily on arms purchases from the U.S., but its own defense industry, just emerging from a postwar eclipse, is beginning to look for more export markets...