Word: oecd
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Dates: during 1980-1989
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...issues, the ministers achieved compromise and consensus. For the first time in a decade, they agreed that inflation has slowed enough for many nations to relax restrictive policies and, in the face of stubbornly high unemployment rates, to make growth their top priority. To help revive international commerce, the OECD nations pledged to "dismantle" trade barriers and government subsidies that have shielded weak industries from foreign competition...