Word: exportations
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Dates: during 1940-1949
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...wraps became a strait jacket. The small British cars could not compete in the foreign market. If manufacturers wanted to sell abroad, they had to make bigger export models, an expensive process. So production remained small, prices high, and there was little standardization...
Last week Britons decided that if autos were to pull their weight in the export program, the strait jacket had to go. So, beginning next Jan. 1, there will be a flat annual tax of ?10 ($40) on all new autos, regardless of horsepower...
Meeting Europe's coal shortage Professor Mason termed the most pressing difficulty. "England is now out of the coal export market," he explained, and the Ruhr Valley is operating at half the pre-war level. Poland, the third great source of Europe's solid fuel, is now shipping the greater part of its output East...
...Said the Government would remove rent, export and credit controls "soon...
Welcome Back. Holland made its first postwar test of the U.S. private-capital market with a $20 million bond issue floated by Kuhn, Loeb & Co. The money will be used either to repay an Export-Import Bank credit or for reconstruction. At week's end about 95% of the bonds were sold...