Word: traded
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Dates: during 1970-1979
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...problem may soon lead to some difficult negotiations over East-West trade. At issue is most-favored-nation status (MFN), whereby a foreign country is able to export goods to the U.S. at much lower tariff rates. Actually, MFN is a misnomer, since over 95% of the U.S.'s trading partners enjoy that status. Only a handful of Communist countries, including China and the Soviet Union, face discriminatory tariffs that in some cases are double. The Soviet Union is barred from MFN by the Jackson-Vanik amendment to the 1974 trade bill, which links commercial opportunities for Communist governments...
...onetime tennis instructor, Cahnman began playing the Chicago market three years ago when he gave up his job as a computer-time salesman, scraped together $5,000 and bought a permit to trade Ginnie Mae futures. Although he refuses to divulge his earnings, he has done well enough to buy a full membership in the Board of Trade for $135,000, which allows him to wheel and deal in all phases of the market. But there have been frightening lurches along the way. "Three tunes I've lost massive amounts of money," admits Cahnman, who is married...
...Kremlin, the most disappointing aspect of its relationship with the U.S. has probably been trade. While last year's estimated total of $2.7 billion was a record, it barely exceeded the 1976 volume. To a great degree, this lackluster trend has resulted from trade restrictions imposed by Washington. A 1974 statute sponsored by Senator Henry Jackson linked trade policy to the Kremlin's record on allowing its citizens, particularly Jews, to emigrate. The law in effect told the Soviets that if they would behave leniently then they would be eligible for generous credits to pay for American goods, and that...
...somewhat similar linkage between politics and trade has also been imposed occasionally on transfers of technology. After the Kremlin last summer tried and convicted Human Rights Dissident Anatoli Shcharansky, for example, Carter strongly condemned the action and blocked the sale of a computer to Moscow. Also canceled were several scheduled trips of high-level U.S. delegations to the Soviet Union. The President decreed, moreover, that transfers of advanced oil technology to the Soviet Union would have to be approved by the White House. His aim was to pressure the Kremlin to treat dissidents with more leniency; so far there...
...rank near the top of pro quarterbacks in completions: 231 of 413 passes (55.9%) for 3,190 yds. and 25 touchdowns. The man whose legs won him the Heisman Trophy in 1963 now lives, as do all N.F.L. quarterbacks, by his arm. His hands, gnarled and disfigured, reflect his trade: the index finger on his throwing hand still shows the marks of off-season surgery, and the little finger on the same hand zigs at right angles from one fracture, then zags back again from a second break. It is these hands that will load the Dallas shotgun against...