Word: important
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Dates: during 1980-1989
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Jordan obviously wants to explore the psycho-sexual import in the myth of lycanthropy. To a certain extent he succeeds. Thus Red Riding Hood, who is played a little too somberly by a lovely Sarah Patterson, and her grandmother, a scary yet whimsical Angela Lansbury, do seem to engender much of the brooding atmosphere with their love of telling haunting stories, "If he's born feet first and his eyebrows meet in the middle...One day he'll meet in the devil in the wood...
Japan's Ministry of International Trade and Industry, which is spearheading the import drive, called in top executives from the country's 60 largest corporations for an hour-long pep talk on buying parts and materials from abroad. In addition, MITI is urging retailers to promote foreign goods and is planning to sponsor import fairs...
...business executives were also impressed. Said Chairman Stephen Levy of Bolt Beranek and Newman, a communications-equipment firm in Cambridge, Mass: "Certainly you have to be encouraged by a Prime Minister who gets up before his people and urges them to buy American products." Nakasone's program to reduce import barriers was less encouraging. It was brimming with promises and restatements of earlier commitments but almost barren of specifics. Some of its provisions...
...Prime Minister's vague program may not be enough to calm the protectionist furor in Congress, where both the House and Senate have overwhelmingly passed resolutions calling on the President to retaliate against Japan unless it reduces import restrictions. Said Republican Senator John Danforth of Missouri: "The problem is not going to be solved by a single Nakasone speech or package of promises. The only thing that counts is results." Agreed Representative John Dingell, a Michigan Democrat: "We essentially have here an unsecured promissory note, and if our negotiations with Japan continue as they have in the past...
According to the economic textbooks, the price of imports should go down when the value of a country's currency goes up. Reason: when the dollar is worth more francs, marks or lira, products originally priced in those currencies should be correspondingly cheaper. In the theoretical world of economists, a British suit that costs (pounds)150 in London should sell in the U.S. for $300, plus a little more for shipping and import duties, when the pound is worth $2. If the value of the pound drops to $1, that same suit should cost...