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Word: undercutting (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...example, the argument that the Japanese can undercut the American producers with cheap labor is a disturbing echo of the British textile merchants' complaint about the "imitative" Germans. (In both cases modern and productive equipment actually made the difference.) As the British rail and textile industries matured, they searched into the past for the reasons for their success. Instead of recognizing their former readiness to innovate and courage to take risks, they picked up on antiquated management policies and clung to them desperately. The result, of course, was to hasten collapse. The same thing is happening in the auto industry...

Author: By Nick Eberstadt, | Title: The Decline and Fall | 11/25/1974 | See Source »

...vote of the Economics Department tenured faculty. Even liberal Democrats on the faculty, like Otto Eckstein and Robert Dorfman, opposed Bowles. The radicals saw the faculty saying that, in a liberal university, all ideas are to be tolerated-except those ideas that critically undercut the very basis of liberal scholarship, the liberal credos of the scholar as an impartial observer of society and the university as an ivory tower outside the influence and direction of the prevailing social order...

Author: By James I. Kaplan, | Title: Faculty Radicals | 11/18/1974 | See Source »

...member producers of the Organization of the Petroleum Exporting Countries. Indeed, Mexican officials are expected to begin sitting in on OPEC meetings soon as observers. Mexican President Luis Echeverria Alvarez told President Ford last month that Mexico would export its oil at world prices, diluting hopes that it might undercut those vastly inflated quotes. These just might begin coming down soon anyway. A Saudi Arabian official last week reportedly told delegates to the Arab summit at Rabat that his nation would shortly make a unilateral price cut of less than 10%; officially, the Saudis denied the report. In any case...

Author: /time Magazine | Title: OIL: Mexican Bonanza | 11/11/1974 | See Source »

...made extensive, energetic preparations for his economic message to the nation this week (see cover stories, THE ECONOMY). He beat back an attempt by the Senate to undercut his foreign policy. He made a startling offer to go before Congress to explain why he had pardoned Richard Nixon. He met with 22 of the nation's mayors and pledged to sign an $11.8 billion mass-transit bill. He reorganized his fumbling White House staff. Though he was obviously distracted by his wife's bout with cancer and visited her every day at the hospital, he also dined with...

Author: /time Magazine | Title: THE WHITE HOUSE: Ford on the Offensive | 10/14/1974 | See Source »

...because of the close vote in the presidential campaign, there was a real danger of a split in French society, accompanied by violence. Well, not at all. We have had no major strikes, no major social or student problems. I think that the liberal attitude of our administration has undercut the left...

Author: /time Magazine | Title: The World: Giscard: The Aesthetic of Action | 10/7/1974 | See Source »

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