Word: trade
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Dates: during 1950-1959
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Bauer, who has been studying American business attitudes toward foreign trade, will work with members of the Business School faculty in applying the behavioral sciences to business problems. Bauer is also an authority on Soviet psychology...
...which has marked United States policy toward Red China since 1949 remains constant. At the same time that America is considering toning down the embargo on goods to Red China, it plans to send an atomic missile unit to Formosa. If any lessening of tension might derive from the trade action, it will be negated, if not overridden, by the nuclear weapons base...
After ten days in Red China, a "goodwill delegation" of eight Japanese Socialists last week flew home to Tokyo with visions of such sugarplums as increased trade and a nonaggression pact between the two countries. "Mao Tse-tung and Chou En-lai met us, warmly shook our hands and patted our backs," glowed one delegate. "The results obtained are just too numerous to mention." Not so starry-eyed was Tokyo's daily Yomiuri Shimbun, which called Mao's proffered sweetmeats "cakes drawn on a piece of paper. Nobody can taste them...
...Government the problem is how to maintain a strong domestic industry in case of war, which has always found the U.S. in short supply of critical metals. Unwilling to raise tariffs in the interests of world trade, the Eisenhower Administration in 1954 stepped up its stockpiling program, set about buying big supplies of the metals for strategic storage. By also bartering surplus U.S. grain for surplus foreign lead, zinc and antimony for the stockpile, the Department of Agriculture aimed to hold down metal imports. While the program helped U.S. miners by raising prices of zinc and lead, it also worsened...
...Dartmouth summa cum laude in 1931, spent 18 months in Europe as a graduate student, came home to a $12.50-a-week N.C.R. file-clerk job, soon shifted to advertising and promotion, became Allyn's assistant in 1942, and later his globe-trotting aide in pursuit of foreign trade. Together Allyn and Oelman spend six months a year abroad boosting foreign sales (in 100 countries), which now account for 40% of the company's business. Last week Allyn reported that N.C.R. sales, which have increased from $40 million to $340 million under his regime, hit a record...