Word: market
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Dates: during 1940-1949
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Traditionally, most Canadians have opposed outright union with the U.S., whether economic or political. More recently they have favored a close working agreement which they call "economic integration." By this, they mean: 1) letting each country produce the things it can produce best and selling them in a combined market; 2) cutting tariffs selectively, here & there-but not wholesale...
...Canadians are against that. Some big industrialists, sure that they could compete in it successfully, cast covetous eyes on a combined market of 156 million. Best examples: makers of fine papers, furniture, alloy metals. The Maritimes, where many believe that confederation was a mistake, have a friendlier feeling for the U.S. than for Ontario. Said Nova Scotia's Industry Minister Harold Connolly: "Complete economic unity between Canada and the U.S. is inevitable...
Despite its fast growth, True's position is none too secure. Some 95% of its sales are on newsstands, and Editor Williams is well aware that a collapse in the magazine market will hit the newsstands first. But he's not worried. Says he: "It simply means that True can't afford to have a bad issue...
...Manhattan last week, Renault Ltd. exhibited its bid for a share of the U.S. auto market. The new French car is small (57 in. high, 141 in. long overall), and has its four-cylinder, 19-h.p. engine in the rear. Renault says that its car will go about 60 m.p.h., get 55 miles to the gallon. Price...
Leak Stopper. Lee Rubber & Tire Corp., noting the slow leak in the market for tires, cut the price of its biggest-selling line of tires by about 15%. Lee thus hoped to meet the competition of U.S. Rubber, Goodyear, B. F. Goodrich and Firestone. In the last month they had announced new lines of second-grade quality tires at lower prices...