Word: exporting
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Dates: during 1960-1969
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...cushion the impact of change, the agreement calls for a system of "variable levies" which, at the end of an eight-year transitional period, will replace all existing controls. Import and export prices for farm produce will be set for each country by the Common Market's central executive, which will have the power to set "target prices'' (resembling U.S. support prices) for commodities and buy them for storage when high production forces down the market price. Ultimately, by gradual adjustment of target prices between nations, a loaf of white bread should cost no more in Bonn...
...AUTOS. Says American Motors Corp.'s William S. Pickett, executive vice presi dent of A.M.C. Export: "If some indus tries can't make a go of it, why in hell don't they get out of business? With fewer restrictions, trade in general would be more competitive, and it would no longer be necessary to spend millions to set up foreign subsidiaries." ∙STEEL. "Our industry has survived com petitive situations before," says one big steel executive. "Although this is a tough predicament, we can do it again by pro viding better quality, better service...
...hope to hold its export markets is by associating itself with the Common Mar ket movement." With Two Voices. The answer was more mixed in industries that anticipate mixed effects from lower tariffs. Examples: ∙ELECTRONICS. Parts manufacturers, such as Texas Instruments, faced with heavy Japanese competition, tend to be for pro tection. But Motorola, which does hand somely by using Japanese transistors and other components in some of its radio and TV sets, is all for freeing trade. Says Motorola President Robert Galvin: "In the final analysis, the U.S. industrialist will be far more interested in a potential world...
...about forming a common market. That kind of thing was all right for a well-developed Europe, they said, but backward Latin nations were too accustomed to protecting national industries with high tariff walls. And since a major slice of every government's revenue came from import and export duties, they could hardly be expected to agree on mutual tariff cutbacks. But last week seven Latin nations * brought their common market to life by simultaneously cutting tariffs against one another on 2,500 items of trade...
...show demanded the closest scrutiny. To the rest of the world, the works of Engraver Giovanni Battista Piranesi are a familiar staple; his Views of Rome sometimes show up on the walls of U.S. dentists' waiting rooms. But to Italians he has always been an "artist for export"-an attitude that Professor Ferdinando Salamon, who helped put the Turin show together, blames on "a southern country's lack of interest in the contemplative arts, such as the study of old books, drawings and prints." Now, in the biggest exhibition ever devoted to him, Piranesi is finally getting...