Word: imported
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...rear, has been a fast seller in almost every market it has invaded.* Peppy (top speed: 68) and economical (32 miles to the U.S. gallon), the Volkswagen has become the postwar model T. It outsells all other cars in five European nations, and is so popular that stiff import restrictions have been slapped on it by Belgium, France and Italy. On the Autobahnen of Germany, nearly one out of every two cars is a Volkswagen. In restriction-free Switzerland, Volkswagen sales lead all other makes, including American, by a wide margin. For the U.S. market, Volkswagen Boss Nordhoff knows that...
Machine guns, mortars, napalm bombs and even jet planes were to be bought through the import-export firm...
Even three years ago, Japan's prices were high on the world market, partly because it could not buy cheap raw materials from China. Today, inflation has boosted Japan's internal prices 59%, and raised its export prices accordingly. As a result, exports are down; imports, mainly consumer goods paid for in U.S. procurement dollars, are up. And last week Japanese businessmen learned that in 1953, for the first time since 1949, U.S. spending had failed to cover the big export-import deficit...
...Brazil cleared up the last of its $425 million U.S. commercial-debt backlog as Finance Minister Oswaldo Aranha's policy of ruthlessly cutting imports-powerfully aided by the coffee boom and a $300 million U.S. Export-Import Bank loan-began to pay off fast. Aranha also struck a deal to settle Brazil's ?54 million arrears to Britain. Terms: ?10 million to be paid at once, the balance in annual payments of at least ?6 million...
...killing time in the waiting room. Some of the best foreign pictures-Henri-George Clouzot's Le Salaire de la Peur and Vittorio de Sica's Umberto D-were not shown in the U.S., because exhibitors thought they would not make enough money. Even so, the continental-import trade was a little shoddy. The British did somewhat better. They produced a top-notch musical (The Beggar's Opera), a funny farce (The Captain's Paradise), a first-rate war picture (The Cruel Sea), and The Conquest of Everest, probably the year's most memorable movie...