Word: selling
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Dates: during 1970-1979
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...surplus dollars floating around foreign money markets -nobody knows the exact total-and Washington could not begin to buy them all. But if the U.S. expressed willingness and made funds available to buy huge amounts, speculators would conclude that the price would stay up, and so they would not sell their dollars. In short, a war chest to defend the dollar, coupled with a strong determination to use it if necessary, would act much like a nuclear deterrent: the more impressive it is, the less likely it will ever need to be used...
...have specific proposals here that one side had accepted, and there is tremendous international support for them," said Nyerere. "Now let's try a little bit of shuttling. We want to know what Smith thinks, what proposals he has accepted. We want the Americans and British to sell peace proposals to Smith, to put pressure...
...long haul. It is a package of practical measures aimed at making the U.S. more competitive in world markets, and of policy directives intended to alleviate Government obstacles to trade. On the practical side, the President ordered a modest expansion of the federal machinery that helps American businessmen sell their goods abroad. For example, the Export-Import Bank, which provides low-cost loans to foreign buyers of American goods, will be given more generous financing. Also, the Small Business Administration has been authorized to advance as much as $100 million in loan guarantees to little firms that engage in exports...
...sharp combat within the Administration between those who favor it (led by National Security Adviser Zbigniew Brzezinski) and those who are strongly opposed (led by Commerce Secretary Juanita Kreps). Carter seems to be leaning in some respects toward the Kreps side: he has now decreed that the U.S. should sell products to an unsavory customer if the customer could buy them somewhere else...
...most forceful speeches, World Bank President Robert McNamara severely chastised the wealthiest nations for a trend toward increased protectionism that seems aimed at the rising amount of finished goods made by the less developed countries (LDCs). He noted that the rich countries still sell about five times as much manufactured products to the poor countries as they buy from them, and that the LDCs absorb fully 30% of the industrial world's exports of finished products. So rather than worrying about the LDCS' "minuscule" exports of such products, McNamara said, the richer countries would be wise to help...