Word: exporting
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Dates: during 1950-1959
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...fallen 13% because of higher costs of setting up a household. The need for dollars to buy U.S. capital goods to raise production has depressed the peso, which hit an alltime low of no a dollar a fortnight ago before climbing back to 86. But the encouragement to export, and the discouragement of imports, is getting results. In the first four months of 1959, Argentina earned $102 million more than it spent abroad-its first favorable trade balance in five years...
...kinda funny when Ah say 'Perish on mah sword,' " mused a Colt-toting Texas lad, and it may be even funnier than he supposed. This week he and 27 other Texas students are due in London with what is likely to be the oddest U.S. export to Britain this year-an "adult western" version of Shakespeare's Midsummer Night's Dream, produced by Howard Payne College (enrollment: 1,100), a Baptist school in Brownwood, west of Waco...
With the help of Bell Telephone Laboratories, RCA and General Electric patents, Japanese factories are turning out a rising tide of electronics goods for the home market as well as for export. This year Japanese consumers will spend $350 million for Japan-made radio and TV sets. Abroad, Japanese radios are being assembled in plants from the Philippines to Egypt. The U.S., which imported 2,300,000 Japanese radios last year, around a quarter of them for reexport, this year is buying at the annual rate of 3,600,000. Japanese manufacturers are not stopping with such consumer products. Three...
...success is based mainly upon low wages and high skills. The typical Japanese transistor worker is a deft-fingered, teen-aged girl, accumulating a dowry and delighted to work for $23.34 a month and dormitory space. Furthermore, the Japanese have successfully overcome their greatest drawback, the tendency to export poor-quality goods. The government refuses to license substandard products. Individual Japanese companies are even more exacting. Hitachi, Ltd. of Tokyo, one of the leading makers, recalled an entire U.S. shipment because one plastic case color ran slightly...
...fiscal rating, driven into shabby disrepute by Spendthrift Rojas. He choked off unneeded imports so decisively that Colombia was one of five Latin American nations to show a 1958 favorable balance of trade in spite of tumbling prices of coffee, source of more than 80% of Colombia's export income. Lleras cut the $500 million commercial debt left by Rojas to $150 million. He also held down government spending and tightened credit. Cost of living, which jumped 23% in 1957, climbed only...