Word: tradings
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Dates: during 1940-1949
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...Commonwealth of Nations* is one of the largest associations known to history -and one of the most difficult for the rest of the world to understand. It binds together 580 million people in all parts of the world in common trade, common defense, and-up to a point-a common outlook on life. The Commonwealth nations are not joined by formal treaties. They are free to leave any time. The forces which hold them together are as subtle, delicate and elusive to the prying outsider as the forces which bind the atom. The one formal, legal Commonwealth bond: the British...
Economics of Defeat. When MacArthur took over Japan, the country's economic situation was desperate. For decades, Japan, one of the world's great trading nations, had supported itself from markets around the world; its best customers were the U.S., China and India. By ruthless seizure it was the master of fabulously wealthy Manchuria, the chief prize in the treasurehouse of the "greater East Asia Co-Prosperity Sphere." When the war ended, the great trading empire was shattered. Gone also were four-fifths of the Japanese merchant ships that had carried her trade. Eighty-one million people (increasing...
...Asia? After the demilitarization and purges, occupation policy switched to a new phase-democratization and economic revival. But Russian veto of a peace treaty blocked MacArthur's plan to restore Japanese trade. U.S. trustbusters were still locked in stalemate with the Zaibatsu. Last summer the U.S. State Department intervened. Top Planner George Kennan took a long look at Japan. He recommended a basic change in policy, aimed at Japan's self-government, self-respect and self-support. Last December, a firm economic directive was finally drafted for MacArthur...
...Asks Trade With Poland...
Through that country, a link between East and West, Warne says we can work out a long period of good will and trade between the nations of the world, not individually, but on "total patterns...