Word: third
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Dates: during 1970-1979
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...argues, there is far more talent in business than in politics, and therefore business should do much to solve global problems, including malnutrition. This is both the right and the smart thing to do, he reasons, and business should be willing to accept less than its usual profit, since Third World pressures will disrupt Western economies if hunger continues...
...America's farmers, processors, agronomists, international distributors, and producers of fertilizers, pesticides and machinery. The first step, he says, is for these many forces to join "to figure out ways to distribute nourishment in the world. How do you feed 30, 40 or 50 million people hi the Third World so that they can live beyond an average...
Sure, growing and selling in Europe is considerably easier than in the Third World. But there are those who say that if an American company can induce farmers in France to grow Yankee corn, it can jolly well do anything...
...prime reason for Japan's diminishing expectations is the increasing annoyance of the U.S. and Europe with the country's policy of saturating world markets with its goods, while tightly controlling access to its home market-the third largest after the U.S. and the Soviet Union. The result: Japan piled up a trade surplus of $17.3 billion last year, $8.1 billion of it with the U.S. alone...
...small step toward increasing its imports, Japan has recently lowered tariffs on some 124 items, worth about $2 billion. But about a third of the reduction was on shrimp, which the U.S. does not ship to Japan. Tariff cuts on other items were also slight; the duty on computers was dropped from 13.5% to 10.5%, on color film from 16% to 11% and on tires from...