Word: market
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Dates: during 1970-1979
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...could also reduce OPEC's power by buying more oil and gas from nations outside the cartel, especially those in the Americas. The need is urgent to create a North American Common Market. Canada has vast supplies of natural gas; the U.S. could negotiate to provide guaranteed markets and much needed capital in return for a steady supply of gas. Mexico is proud and sensitive about its patrimony of oil and gas, but the U.S. could acquire more of it by admitting more Mexican immigrants, giving trade preferences to Mexican exports, exchanging American agricultural technology to help feed...
...part because the Lao are ethnic cousins of the Thais. The sprawling camp at Nong Khai, with 46,000 people, is larger than the provincial Thai capital. Its inhabitants were able to bring some valuables with them into exile; the camp has a nightclub, several silver shops, a produce market, a makeshift gym and an arts and crafts center. Farther south, camps for Cambodians are little more than barbed-wire enclosures. The Vietnamese camps are the worst of all because of their makeshift locations and because, in the ancient racism of the region, the refugees from Viet Nam are hated...
...page opinion, Chief Judge Irving R. Kaufman of the appeals court said that the fact that Kodak dominated its field was no reason to penalize it for having taken the lead with the 110 system. "The mere possession of monopoly power does not ipso facto condemn a market participant," Kaufman wrote. Moreover, he added, "the first firm, even a monopolist, to design a new camera format has a right to the lead time that follows from its success...
...over. Berkey may try to appeal Kaufman's ruling to the U.S. Supreme Court, or it can return to the district court with the part, of its suit that Kaufman said must be retried (this involved alleged abuses by Kodak of its dominant position in the photographic-paper market...
...Trust, which has been keeping tabs on the fat cat population for marketing purposes for the past decade, reached its conclusions on the basis of a computer model that it developed; its calculations take into account assessments of population growth, earnings trends and money-market performance. According to Vice President Rodney Woods, the difference between today's millionaires and those of the past goes beyond numbers. Says he: "Historically the greatest proportion of millionaires had inherited wealth. In recent years, that proportion has sharply diminished...