Word: validity
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Dates: during 1980-1989
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...real question, a hard and unsettling one, is whether the U.S. will yield to political temptation and become much more deeply protectionist than it is now. If it does, the results, for both the U.S. and the world economy, could be devastating. The principles of free trade remain essentially valid; the logic of protectionism remains beguiling and essentially self-destructive. Consider one example of how protections can subvert the economy. The American machine-tool industry recently joined the lineup of those seeking protection from foreign competition. The industry has been seriously hurt by the recession and by imports of cheaper...
...were used to erect Menorahs, most American Christians would probably see that as an unconstitutional use of government funds to promote Judaism. The traditional role that Christmas has played in American life has made the point harder to see in the case of crès, but no less valid...
...charge slips, either by combing through the trash behind elegant shops and restaurants or colluding with dishonest employees working inside. Once the account information is in hand, it is no trick to order merchandise over the phone, since this requires the presentation of neither an actual card nor a valid signature. One band of California criminals stole $250,000 in a carbon-paper caper last year, according to an official of California's Crocker National Bank...
...question on divestment of stock in Carnation which has reportedly failed to adhere to a set of equal opportunity and fair labor guidelines--is valid because that is an area where the council has responsibility," said Peter N. Smith 83, council treasurer and a representative of Adam House
...great to permit a single Soviet warhead from knocking out more than one MX, but close enough so that the blasts from the first enemy warheads would disable those coming in behind. This Fratricide theory is untested and much debated among nuclear physicists (see box). If the theory is valid, more than half the MX missiles would survive an initial attack...