Word: exports
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Dates: during 1960-1969
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...committee could point to several nations-Greece, Israel, Nationalist China and the Philippines-which have, under U.S. aid, progressed to the point where they can soon stand on their own, needing little more than conventional loans from the Export-Import Bank...
Knowing that it must export to survive, Aluminium is now experimenting with a radically new process that could make it even more competitive. Scheduled to start producing next year at Arvida is a new .plant designed to produce aluminum directly from bauxite, without first converting it into saltlike alumina. If successful, that process alone would cut production costs...
...hospitals, schools, old-age homes and better transportation, he promised to dole out 16-acre farm plots among 70,000 rural families. Another Bosch promise: economic diversification. Right now the Dominican Republic succeeds or fails with its sugar crop, which accounts for 70% of the country's export earnings of $140 million. So Bosch has pledged credits to small businessmen. He also hopes to coax more and more tourists to the country's four major hotels, its nightclubs, its cool, fragrant mountains...
...live, spiny lobsters. Occasionally the Brazilian navy stopped a trawler for venturing too near shore, but there was little fuss about it. Then two months ago, local lobstermen woke up to the fact that the French were nipping quite a chunk out of their $3,000,000 annual export business. Hair-triggered Brazilian jingoists joined in the protest...
...single force in the Formosan economy is the U.S.-Chinese Joint Commission on Rural Reconstruction, which has worked on some 3,000 economic projects and carried out a much-needed distribution of farm land that has benefited half a million Formosan fami lies. The commission created a whole new export industry by teaching farmers in 1959 to raise mushrooms; this year Formosa will export 1,000,000 cases of mushrooms worth $10 million. Formosa has become the world's largest pineapple exporter ($12 million worth last year), thanks largely to the fact that the commission taught local growers...