Word: financee
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Dates: during 1960-1969
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MORE than 50 per cent of the sample said they would prefer to work for an employer who would finance continued education, specifically a formal degree program. Such a program is now being offered by the First National Bank of Chicago. Under its Scholar Program students are sent to a...
The device was the SDR (Special Drawing Right), the IMF's answer to the need for an expanding supply of international currency which does not require that the U.S. run a deficit or that South Africa and the Soviet Union sell their gold. SDR's will never exist except on...
The reasons for its adoption are quite clear. At present there are two major types of reserves being held by nations to finance deficits and satisfy their normal transactions demands for a freely exchangeable currency: dollars and gold. The reserves of gold which the members of the IMF may legitimately...
Soft in the Middle. Like an aging athlete whose stomach muscles have turned to flab, U.S. trade shows a soft middle. Exports consist heavily of raw materials (coal, grains and soybeans, for example) and the high-technology output of the world's most research-minded corporations (computers, aircraft, electronics...
Diminished by Self-Discipline. Although industry is far from blameless, many of the nation's gravest trade ailments have been concocted in Washington. The trouble consists of federal deficits, easy tolerance of wage increases that outstrip rising productivity, and the pursuit of economic growth at the expense of stable...