Word: imported
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...Ottawa it was clear that someone had begun laying the groundwork in early May. Washington was so well braced that Canadian representatives were able to sew up the credits ($300 million from the International Monetary Fund. $400 million from the Export-Import Bank, $250 million from the Federal Reserve Bank of New York, $100 million from the Bank of England) just two hours after they arrived at IMF headquarters...
...European Six; often their members belong to different currency blocs and lack common boundaries. The members of the "Casablanca bloc" that met last week in Cairo-Egypt. Morocco, Algeria, Ghana, Guinea and Mali-found that transportation among them is so primitive that Ghana still finds it easier to import cotton from Europe than from Egypt. Hoping to change this, the Casablanca powers agreed to expand their shipping, create an airline cooperative, and start a joint payments union. But, like nearly all the little common markets, the Casablanca-bloc nations produce much the same things and have little to sell...
...unemployment effects within import-competing industries, the opinions of organized labor seem to differ substantially from those of Mr. Schwartz. Does the editorialist choose to ignore the unions' general support for the Bill? Or does Mr. Schwartz feel he is more qualified to evaluate labor's interests than are labor's spokesmen...
Domestic industries such as tobacco are flourishing since the regime banned the import of foreign cigarettes, and nine state-run companies that turn out such basic needs as iron, coal and heavy machinery are making a profit for the first time. Private foreign investment capital is badly needed; West Germany has granted a $27 million loan, and talks are under way with Italy and Norway...
...unemployed workers. Cumbersome monopolies, which produce goods at inflated cost, lobbied successfully against establishing domestic rivals. Factory managers boosted wages by a staggering 23%, went on a buying spree for foreign machinery for which the National Bank had to shell out scarce hard currency. At the same time, relaxed import barriers flooded Belgrade shops with French cognac, Italian shoes and other fancy consumer goods that the economy could not afford...