Word: import
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Dates: during 1960-1969
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Apart from causing interest costs to rise, the mini-pound should benefit U.S. consumers. However, the price of British goods shipped abroad will fall not by the full 14.3% devaluation but from zero to about 10%, depending chiefly on how much of the final tab represents transportation, import duties, U.S. distribution and profit markups. Auto dealers expect to cut prices of British cars by 5% to 10% within weeks. On the other hand, importers predicted that the cost of a bottle of Scotch will drop only a few pennies-after the Christmas holidays. Devaluation will shave the profits of some...
Denmark devalued less than Britain: 7.9%. It was a half measure intended to help Danish farmers keep their vital outlets for butter and bacon in Britain while penalizing its much larger but import-dependent industries as little as possible. New Zealand, with its whole economy already weakened by falling wool prices, devalued 19.45%. Ceylon devalued 20%, and at week's end tiny Iceland took the biggest...
With 28 seconds remaining, much-heralded Polish import Richie Szaro lined up for a soccer-style 28-yard field goal attempt. The pass from center was slightly off its mark, and by the time holder Tim Carlson got the ball down, Eli Bob Seiferth had cracked through to block the kick...
...nation to earn its way in the world rests primarily on its productivity: its capacity to marshall its human and mechanical resources to produce goods that can compete with those of other nations in the world marketplace. Only then does it earn enough income to buy the things it imports. For most of the postwar years, Britain's productivity has failed to keep pace with that of its competitors. Among the major industrial nations, Britain since 1951 has had the slowest rise in productivity, the lowest rate of investment in private enterprise and the largest rise in its export...
...mind. This individual work covers a wide range of matters and much, or most, has no bearing on military activity. Most of it is the work of those Faculty members with the strongest instinct for public service. An effort to discriminate between approved and disapproved work would import into the academic community an improper concern for the extra-curricular pacifists who are so engaged as to those who are otherwise disposed. It could also be a most disagreeable source of tension and suspicion...