Word: traded
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Dates: during 1970-1979
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...important is the convention business that 117 U.S. cities employ professional staffs to attract meetings. New York City's Convention and Visitors Bureau has five traveling salesmen trying to persuade trade and professional groups to gather in the Big Apple. The Atlanta Convention and Visitors Bureau also has a field force of five convention hunters out plugging the Big Peach. Miami employs four to tout the Big Orange, while Waikiki sent a representative to Austria to bag the Lions International for the Big Pineapple...
...every convention goes far afield. Only 9% of state associations ever meet outside their home state, according to the trade monthly Successful Meetings, though cheaper airfares are beginning to encourage more adventuresomeness. In the decade before 1977, 12% of national organizations met or scheduled future meetings outside the U.S. That percentage has slipped slightly because of section 602 of the Tax Reform Act of 1976. Americans can now deduct expenses for only two foreign meetings a year, and then only if they can prove that they spent at least six hours a day in working sessions. The American Psychiatric Association...
...have yanked $100 million worth of meetings from non-ERA states, and that its boycott has become one of the most effective pressures so far in the drive to get the amendment passed. Missouri and Nevada are suing NOW on grounds that the boycott is an illegal restraint of trade. Says Eugene Hosmer, president of the 134-city International Association of Convention and Visitor Bureaus: "Business itself is not affected?it just goes somewhere else?but for some cities, the effect has been substantial." Laments Warren Ericksen, executive director of the Miami Beach Convention Bureau: "We get two letters...
Chicago, the Second City, is about neck and neck with New York: 1,203 conventions and trade shows, 2.4 million delegates, $515 million revenues. Attractions: 44,000 hotel rooms, 1.1 million sq. ft. of exhibition space at McCormick Place, plus 370,000 elsewhere; opera, theater, museums, restaurants, shopping and a rowdy night life...
Clark is only one of many small, imaginative entrepreneurs who are successfully pushing a wide variety of U.S. exports. Hurdling problems of language, complex export red tape and trade barriers that have daunted bigger U.S. businessmen, the new entrepreneurs are shipping some unusual products abroad...