Word: imported
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...does not intend to levy emergency taxes on foreign companies, Chilean corporations or the Chilean rich. And foreign aid is pouring in. West Germany has offered to rebuild Valdivia; Argentina will aid Chiloé Island; Sweden will help Puerto Saavedra. The U.S. has given most of all. The Export-Import Bank of Washington has lent $10,770,000. Private citizens have donated $5,000,000, and President Eisenhower last week approved a $20 million gift as the "first step" of a broad aid program to Chile's homeless and desperate people...
...rising challenge of bargain-priced foreign imports has sparked a profound-and controversial-change in the strategy of many U.S. businesses. To meet the competition, hundreds of U.S. firms are going abroad to manufacture or buy products to sell in U.S. markets. Already U.S. firms import or manufacture overseas an estimated $1 billion worth of products each year for U.S. customers-and the trend is growing fast...
Nevertheless, firms that go overseas often fear U.S. public reaction, often market foreign-made products under their own U.S. labels and play down their overseas operations. Some businessmen make no secret about their foreign imports, vigorously defend the practice, argue that it can make jobs for U.S. workers rather than take them away. Says President Ray Eppert of Detroit's Burroughs Corp., which shifted its entire output of calculators from Detroit to Scotland: "As additional products are transferred abroad on a competitive basis, we will be able to produce new products here. We will import from foreign subsidiaries, thus...
...government of $65 million last year - enough to pay for a year's educa tion for 1,000,000 Filipino children. His biggest reform was to institute a "con trolled decontrol" of the peso designed to create a free currency market within four years. Under his new regulations, import ers of "essential goods" get their dollars at more favorable rates than those who bring in Cadillacs and air conditioners...
...entire Western world are British." Export, or Else. Although Britain's economy is booming and exports last year reached a record $9,676,800,000 (v. $6,317,000,000 in 1950), Britain faces serious dollar difficulties. Last winter the government relaxed the last major restrictions against dollar imports, and since then, British merchants have been buying from the U.S. at a record clip. In the first quarter of 1960, U.S. sales to Great Britain are up 61%. But British sales to the U.S. are up only 14%. Great Britain has opened a drive to increase sales...