Word: exports
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...terms of British membership might have cut off Australia's biggest export market. Since then, Japan has become a major outlet for Australian wool, and Red China a major purchaser of Australian wheat. Australia was a leader in founding the Asia Development Bank (which will elect its first president and board of directors this week in Tokyo), and has broadly liberalized its immigration laws to permit easier Asian entry into a society that was once nearly 100% British. At present, more than 14,000 Asian students are studying at Australian universities...
Trimming Fat. Last week President Ongania was acting more like an armor-plated hare than a tortoise. To encourage exports so that the country could pay a $700 million foreign debt, the new President devalued the peso by 16% to about 250 for a U.S. dollar. In a nationwide speech, he advised that "the style today will be to export everything possible and to consume what's left." He even began negotiations with private companies to renew the oil contracts that the previous administration had canceled...
Since 1949, under the Export Control Act passed to keep strategic goods out of possibly unfriendly hands, U.S. businessmen who wanted to trade with Communist nations had to obtain special licenses to ship even such seemingly nonstrategic items as breakfast cereal and suspenders. Last month, however, in an effort to build better trade relations, president Johnson relaxed many of the barriers. Such definitely hostile nations as North Viet Nam, North Korea and Cuba remain on a no-trade list; but for others like Russia, Hungary and Czechoslovakia, restrictions have been eased. Off the license list came more than 400 items...
Capital for investment is becoming scarcer because of Wilson's extraordinary Selective Employment Tax (TIME, Sept. 16). By forcing employers to pay a frankly discriminatory head tax on workers in the service trades and giving tax rebates to employers in export-oriented manufacturing industries, the measure aims to shift British workers out of areas that serve the consumer and into those that serve the pound. The tax is siphoning cash out of corporate treasuries at an annual rate of $2 billion, which is about one-fourth the amount that private industry normally invests in capital improvements. One other result...
Several years ago, for example, the Ford Motor Company (Canada) Ltd. had concluded a deal to export automobiles, manufactured in Canada, to Communist China. The deal was killed in Detroit...