Word: importations
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Dates: during 1950-1959
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...retired to our island, licked our wounds and pretended it was a bad dream of no significance. But in Britain we are now ready for the decisive offer." The offer: to participate in a European Free Trade Area of 17 nations, within which there would be no tariffs or import quotas on manufactured goods (TIME...
Nobel Bargain. Through the center, the various colleges and universities have been able to import a procession of visiting lecturers that any Ivy Leaguer might envy. The visitors have included everyone from Julian Huxley and Bertrand Russell to Nobel Prizewinner Otto Loewi of New York University and Buu-Hoi of the Institut de France. They may lecture at only two campuses or at all, but none has cost any one college more than...
...laboratories. For Massachusetts, though boasting in the Boston area one of the nation's most productive medical-research centers, is bound by a law which requires that stray animals be gassed. As a result, medical researchers are forced to buy animals which may be stolen pets, or to import them from other states, at considerable cost and at the risk of getting specimens too old or too sick...
Another solution, say the independents, would be for Europe to import U.S. refined products instead of crude oil. They point out, for example, that U.S. gasoline stocks are at a record 193 million bbls. But European nations have good reasons for not wanting refined products. Gasoline is the least critical item in their oil inventories, and the importation of high-cost refined oil would not only reduce their dollar balances but force layoffs in their own refineries...
While the dollar value of the cut was comparatively small, the political effect was large. Said Japanese Government Economist Morio Yukawa: "I do not think that Japan stands alone in feeling apprehension over the growing intensity of import restrictions in the U.S. It is our sincere desire that the American people take full cognizance of the fact that their every action, however slight or unpremeditated, casts an influence on all the free nations out of all proportion to their original intent...