Word: exporting
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Dates: during 1940-1949
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...Communist Mosa Pijade, on the Rajk trial: "It is mostly reminiscent of the trials held in the Soviet Union in 1936 ... And now, when the then Public Prosecutor [Andrei Vishinsky] is Minister of Foreign Affairs, this type of trial is transferred to the international arena . . . an article of export...
...split between the Allies was caused by French and British fear of German competition in export markets if the mark were devalued. François-Poncet argued with a straight face that he did not want the German people to lose faith in their money. Robertson, perhaps even more afraid of Germany's competitive potential, sat snug as François-Poncet carried the ball...
...With a four dollar pound it was much less profitable for British sellers to export to the dollar area than to the soft-currency areas. the thirty per cent devaluation should now make exports to the United States just about as profitable as to the non-dollar areas," Smithies points out. "I doubt if anything besides devaluation would have worked. And without devaluation the United States either would have to continue subsidizing Britain beyond 1952 or else abandon her to wrestle with the financial crisis that would seem bound to occur...
...States. The fundamental cause of Britain's and Europe's dollar deficits "lies in our short-run economic instability and our long run tendency to outstrip others in production." The remedy here, Professor Williams feels, may be President Truman's "Point Four" plan to build up undeveloped regions through export of American technology and skill. "And we must preserve stability at home if we really want to achieve a world balance by some other means than the expenditure of our own taxpayers' money...
...move's chances of success, Professor Haberler agrees with Professor Williams that Britain's internal welfare program should be less lavish and that her sterling war debt should be repaid less liberally. He also thinks this country sooner or later will have to allow its export volume to drop. "Otherwise we must resign ourselves to subsidizing the world forever...