Word: exports
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Dates: during 1960-1969
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...Park's government embarks on its second five-year plan, Korea is pulsing with activity. The war demands of Viet Nam have created a huge export market for uniforms, boots, rubber goods, plywood, construction materials and galvanized sheet plate. This, along with other expanding Asian civilian markets, helped to lift the country's commodity exports last year to a record $255 million. To reduce imports, South Korea's first oil refinery, built two years ago at Ulsan, is being expanded, and another $50 million refinery is going up at Yosu, providing the base for a $100 million...
...since 1578, when Sir Francis Drake sacked Cadiz and sailed away with 3,000 casks of the rich, golden drink, have Spanish vintners been so outraged by British treatment of their proudest export - sherry. In London's Royal Courts of Justice, Spanish and British wine merchants are arguing a question that, depending on who loses, could sour a big business. The question...
...industry's two leaders-Toyota Motor Co. and Nissan, which account for 70% of Japan's total production-are leading the push into overseas markets. Early attempts to export the underpowered, stiffly sprung cars built for Japan's potholedroads were flops. Now, says Kawamata, we do not "take second place to any make." Japan last year sold 266,000 cars and trucks from Kenya to South Korea. Best customer: the U.S., especially the West Coast, where Toyota's $2,000 Corona and Nissan's $2,300 Datsun are among the new rages on the road...
...mark of distinction is not automatically stamped on every British theatrical export. The Bristol Old Vic, which made its Broadway debut with two Shakespearean plays last week in the midst of a four-month tour of the U.S. and Canada, is, as its name implies, a provincial repertory troupe. The company tends to substitute energy for excitement; it gives drama the steady, dependable joggle of a railroad trip, instead of scaling peaks or plumbing abysses. The actors read their lines with unfaltering clarity, but they seem less well acquainted with the minds and hearts of the characters they are playing...
...dropping all barriers to the import and export of francs and securities, and by ending restrictions against converting the franc into other currencies, De Gaulle's government aimed at raising France's relatively low standing as an international financial center. Frenchmen can now hold accounts in foreign banks, pay for hotel bills, purchases and apartments abroad with a French check. Though foreign investment and borrowing in France remain subject to some restrictions, foreigners can now freely acquire up to 20% of the capital of a French firm, invest in French stocks, buy French property...