Word: important
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Dates: during 1950-1959
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Some critics argue that increased East-West trade would allow Russia to divert resources from consumer production to industrial uses, by enabling her to import many consumer items. This, however, is not a vital consideration. Estimates of Russia's gross national product run to about $125 billion (converted to U.S. dollars and purchasing power). Of this, about fifty percent ($62.5 billion) probably goes for consumer items, thirty-five percent to capital investment, and fifteen percent to military uses. If the U.S. were to increase its trade with the U.S.S.R. to the tune of, for example, $200 million, which is practically...
...IMPORT POLICY will do an about-face. After ordering a 7% cutback in imports last year to bolster domestic industry, the Office of Defense Mobilization plans to boost imports 10% for residual fuel oil, mostly from Venezuela. Reason: an unexpected drain on oil stocks because of the cold winter and increased use of oil by industry...
...provides a livelihood for almost 70 per cent of her population. But now that other Asian rice producers have regained their feet, she is losing her monopoly. For the last three years, sales have declined until now she exports only 50 per cent of her surplus crops. Despite severe import restrictions, the balance of payments have been negative since...
...Inspired Import. In Vienna people arrive fashionably late at the theater, and operettas hold off their big numbers for the end. What worried Prawy was Kate's big ballet scene, which opens the show. This scene alone, he felt, might mean success or failure. As the scene ended on opening night, there was dead silence. Prawy, an old hand at the claque game, clapped once-and started five minutes of thunderous applause. After that, Kate was in. The musicians swung as lightly as if they had not been raised in three-quarter time; the American principals sang in pleasingly...
...tourist attraction, a cultural center, and an economic factor, Harvard is one of the city's most valuable assets. The annual payroll amounts to about 25 million dollars. The annual consumption of goods and services comes to another 10 million dollars. Students import and spend still more money, pouring a million dollars annually into housing alone...