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...there to become leader of the Soviet Union in a mere seven years is known only inside the Kremlin. Certainly his record as boss of Soviet farming was not glittering: grain harvests peaked just about the time he took over and have fallen sharply since, forcing the / U.S.S.R. to import more and more food. The job, indeed, has traditionally been a road to oblivion. Among the septuagenarians in the Politburo, which he joined as a candidate member in 1979 and full voting member a year later, he stood out primarily for his youth and energy. He seems to have used...
...Mexican side of the border. These are creations of U.S. companies, which set up factories to take advantage of cheap and once abundant labor to turn out products, ranging from computers to jump ropes, that are shipped back into the U.S. Both nations have reduced various export and import fees to aid this development. There are now some 700 such plants, providing Mexico with about $l.3 billion in earnings annually and a foreign exchange income exceeded only by its oil exports...
Those sleek, chic foreign shoes that beckon in store windows may soon be in short supply. The U.S. International Trade Commission said last week that it + will recommend to President Reagan a five-year program of import quotas to aid the struggling American shoe industry. Foreign competitors took 71% of the U.S. market last year, up from 4% in 1960. Under the ITC plan, imports of shoes with a value of $2.50 or more per pair would be limited to 474 million pairs during each of the next two years, a decrease of 17.6% from 1984. Imports would be allowed...
When Congress voted in 1975 to grant most-favored-nation trading status to Rumania in recognition of improvements in that nation's emigration policy, some conservative members supported the move because they had been impressed by an unusual concession from the Communist regime. Rumania had agreed to import and distribute 20,000 Bibles supplied by churchmen in the West to members of its Hungarian Reformed Church. However, outraged clergymen and conservatives displayed proof in the Rayburn House Office Building last week that the Bibles had not been put to their intended use. Close inspection of a roll of toilet paper...
Modern technology and America's emergence as a major world power since the 1930s has converted Commencement into an international media event, making it appropriate for statements of global import...