Word: trade
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Dates: during 1950-1959
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Among the ways and means: "technical services, private and public loans, dependable, mutually helpful trade relationships, grants in emergency situations, security help in transition years ... If the growing power of free men is wisely and skillfully applied toward the common aspirations of humanity, then a world of peace and plenty becomes a high probability. The free nations of the world have the capacity and can develop the will to overcome together the powerful, perplexing forces which for thousands of years have yielded hate, distrust, poverty...
...important part of the U.S. capital outflow is private investment overseas that will pay off in years to come. If it was not for foreign aid-$5.5 billion last year-the U.S. would even have $1 billion balance of payments surplus. But the swing in the international terms of trade does mean that in defense of its long-range economic strength, the U.S. has had to take a new attitude toward Europe...
Brazil and the U.S. are historic friends and close partners in trade. But to hear Brazil's xenophobes and leftists tell it, the U.S. is stealing atomic minerals, interfering with the coffee market, sucking out exorbitant profits, monopolizing Brazilian industry (or, on the other hand, refusing to invest in Brazil). Career Diplomat John Moors Cabot, who built a reputation in Sweden from 1954 to 1957 as an ambassador willing to speak up anywhere any time for the U.S., was appalled at such complaints when he arrived in July to be U.S. ambassador. Last week, in a speech, he ticked...
...weapons he wants, Castro gives top priority to the Hawker Hunter, a British-built jet. Castro wants to trade in 17 propeller-driven Sea Furies on 17 Hawker Hunters from the British. The U.S. is opposed to any Caribbean arms race, but the British say they are still "actively considering" the Castro offer...
Merchandise imports are greater than exports, and they are growing faster than exports. In particular, Canada's deficit with its biggest trading partner, the U.S., is growing. The huge flow of long-term U.S. investment, which since the war has filled the trade gap, is slackening. At the same time, outgoing dividends are increasing in proportion to the cumulative total of investment...