Word: exports
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Dates: during 1960-1969
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President Kennedy conceded at his press conference last week that Soviet troops in Cuba are surely being used to train Cubans to export revolution and sabotage throughout Latin America. Moreover, by one White House estimate, at least 13,000 students from other Latin American nations are in Castro's Communist schools; about 100 graduate agents leave Cuba monthly to cause trouble back home. The tacit bargain with Khrushchev may have its advantages for the U.S., but it has them for Khrushchev...
...France be ignored in the tariff discussions of the 40-odd members of GATT, or in OECD, the European economic coordinating group that grew out of the Marshall Plan? Hardly, since the economies of all Western European nations are intertwined with France's. The urgent French need to export food surpluses, and its booming market for other nations' industrial goods, are the stick and the carrot that have given the community much of its momentum...
...Export-conscious U.S. businessmen are not sure whether the Common Market still looms ahead as a Promised Land or has dissolved into a Paradise Lost. To reassure them, President Kennedy at his press conference last week took time away from policy splits in NATO and lurking Russians in Cuba to argue that the Trade Expansion Act-so widely hailed by business-was still a promising gate to open the Common Market's new tariff walls. The trade act presumed Britain's entry into the European Economic Community when it gave the President the power to wipe out tariffs...
...began to woo the Common Market. Japan is this year expected to replace Britain as Australia's best customer. New Zealand is shopping around Asia for new markets. The African Commonwealth nations appear more concerned about dealing with fellow Africans than with their white Commonwealth brothers. Though world exports have increased 46% in the past eight years, export trade among the Commonwealth nations has risen only 17%. Instead of hoping that Britain would return to the fold, most Commonwealth businessmen hoped that Britain's entry into the Common Market would make it easier for them to use their...
...Export Worries. Britain's existing economic ties to the Common Market are already too strong for even Charles de Gaulle to break. While trade with the Commonwealth slackened, British sales to the Common Market increased an impressive 17% last year. Still, British businessmen worry about how their exports would fare in case of a European recession or when the Common Market applies a standard 15% to 25% external tariff by 1969. Clearly, if Britain is to survive as a major industrial power alongside, instead of inside, the Common Market, British industry must improve its productivity so that its goods...