Word: tradings
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Dates: during 1940-1949
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...Italian fascism and the U.N. passed a resolution advising its members to withdraw their diplomatic missions. The object of this was either to tame Franco or bounce him out of Spain. It failed miserably. Great Britain, looking ahead to the day when Gibraltar would be vulnerable, signed a trade agreement with the dictator, and the United States was afraid that Spain would be consumed by Civil War if Franco left the scene. With this tacit carte blanche, Franco launched a purge, the most ferocious since 1939, under the guise of an anti-communist crusade. He passed a succession law turning...
Elimination of "all abnormal trade barriers which have recently been imposed by way of license and embargo...
...haste to protect farmers from this latest evil of free competition, the U.S. planned a quick conference with Canada. It hoped to restrict shipments of Canadian potatoes-and hoped no one would ask how this fitted loud U.S. talk of freer world trade...
When Britain was the leading industrial power it was also the great market for food and raw materials, and by virtue of this position in the vortex of world trade, the great exchange clearinghouse. The U.S., which replaced Britain in world power, was no clearinghouse; it consistently sold more abroad than it bought. Western Europe, no longer able to produce enough for its own needs, had to buy more & more from the U.S. and had fewer & fewer dollars to do it with. Unchecked, this imbalance will reduce Western Europe to poverty and Communism...
...Indonesian "People's Republic" and his seizure of Madiun, Java's third city. Production of Indonesia's rubber, tin and oil and their distribution throughout the world was the basis of Holland's prewar prosperity. If the Communists succeed and choke off revival of this trade, it will take more than Marshall Plan aid to keep The Netherlands afloat...