Word: traded
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Dates: during 1950-1959
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Raymond Vernon, professor of International Trade and Investment, is currently directing the nation's first comprehensive study of a metropolitan area in 30 years...
...proprietors would run if any student showed up to meet his teachers. New York and Arkansas, which require one year of residence for a correspondence-school degree, are little plagued by the problem. In contrast, easygoing Colorado, Delaware and Indiana are hangouts for fake schools with a thriving trade in India, Pakistan, Burma and Egypt...
...straight man, tall (6 ft. 1 in.), saturninely handsome, serious, inclined to take a panoramic view of the news, more inclined to pundit. This comes out most in his own Sunday show, Time: Present -Chet Huntley Reporting, in which he explores predominantly heavy subjects: integration, world trade, public education. A graduate of Western broadcasting (Seattle, Los Angeles), he was brought East by NBC in 1956 to do the Sunday show, is one of TV's best-paid newsmen (total annual income...
After three months of the longest industry-wide steel strike in U.S. history, the shelves of industry were finally showing some bare spots. Manufacturing and trade inventories at the end of August stood at $89.4 billion, a decline of $400 million from the previous month. Commerce Department experts predicted that inventories, which had been building up at an annual rate of $9.8 billion in the second quarter, would be cut so sharply that the rate may drop by more than $10 billion in the third quarter. Chiefly because of the depletion in inventories, they expect the gross national product...
...Germany's competitors the bidding up of German real wages is a relief. While Germany has boomed, the unions have been slow to demand higher wages. Now that German industry is being forced to share more of its prosperity with its workers, part of the trade advantage that has raised Germany's gold and dollar reserves past $5 billion will be lost...