Word: swap
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...been found that when a discount buyer pays less than he had expected for a TV set or refrigerator, he is usually in the mood to spend the extra money on other goods. Discounters thus contribute their bit to economic growth every time they induce a customer to swap dollars for goods that he would not have bought had prices been higher...
...Though he has little in common with the stereotype Texas millionaire, Troy Victor Post, 56, a reserved and bespectacled Dallas financier, can swap success stories with any wheeler-dealer. Raised in a farm shanty, Post was an insurance agent at 20, and at 27, with $138 in cash, formed his own insurance company. Within eleven years he had $40 million worth of life policies in force and began extending his interests to banks, electronics-and other insurance companies. Currently, he is planning his most ambitious venture yet: creation of the Greatamerica Corp., which, with more than $1 billion in assets...
...Swap Denied. Macmillan, who used to see himself in the role of "honest broker" between East and West, now was closer to acting as broker between West and West. There were many familiar items of disagreement within the Western Alliance-De Gaulle's desire for a loose European federation (Macmillan in agreement) and the U.S.-British desire to negotiate a Berlin settlement (De Gaulle opposed). As for nuclear weapons and France's determination to build its powerful independent force de frappe, there was-officially- little that the Prime Minister could say; Macmillan earlier had flatly denied any intention...
...Presidential Press Secretary Pierre Emil George Salinger's first trip to Russia, and he had come with commissions of the utmost gravity: to improve communications between the world's two leading powers and to arrange a swap of television appearances between his boss and the boss of all the Russians, Nikita Khrushchev. Alas for unlucky Pierre-he never had a chance. From the moment he was met by Aleksei Adzhubei, editor of Izvestia and Khrushchev's son-in-law, the swart, short, 36-year-old ex-reporter from San Francisco found himself up to his cigar butt...
...swap with 25 nations (mostly in Western Europe), the U.S. granted tariff cuts on imports that had a 1960 trade value of $2.9 billion, in return got tariff reductions on U.S. exports with a value of $4.3 billion. With Europe's six Common Market countries alone, the U.S. bargainers gained concessions on exports worth $1.6 billion in return for cuts on $1.2 billion worth of imports. "We've won a one-sided deal from the Common Market," said an Administration spokesman, "but we can't do it again. Next time we must be prepared to pay more...