Word: exporting
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Dates: during 1960-1969
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...good cheer was the recent news that Britain's balance of payments, for the first time in seven years, showed a $115 million surplus during the first half of this year. Since the effects of the 1967 devaluation of the pound are just starting to be felt in export orders, Britain probably has a good chance of extending its boomlet so long as world trade maintains its current brisk pace. Wilson, however, must still contend with deep national misgivings about his record and even deeper bitterness among trade unions, whose leaders showed up at the conference as determined...
...standard of living, which in Britain is sagging relative to that of the faster-growing Common Market countries. Foreign Secretary Michael Stewart, who addressed Labor journalists covering the Brighton conference, strongly emphasized that point. Britain, he said, is still anxious to enjoy Market membership so as to stimulate export trade, gain access to a guaranteed market and improve technological cooperation. At the same time, he stressed, "we are resolute applicants, we are in no sense suppliants...
Czechoslovakia is running into balance of payments difficulties and has had to cut back drastically on its imports of production equipment. The country's primary exports, including timber and Prague ham, are in short supply. Another reason for the export decline is the increasing shoddiness of Czechoslovak goods. A survey of fac tory managers showed that two-thirds of them give priority to the home market because, the report said, "the people are not selective." The men in charge of the economy vigorously protest the refusal of the U.S. to grant Czechoslovakia most-favored-nation tariff treatment. By stimulating...
Proponents of the SST have a compelling economic argument. U.S. aircraft have dominated world skies for 25 years or more, and last year $1.7 billion worth was sold abroad, the nation's largest single item of capital goods export. Now U.S. supremacy seems threatened. The British-French Concorde, which will carry up to 144 passengers at 1,400 m.p.h., is scheduled to fly supersonically for the first time this month and to go into regular service in 1973. The Soviets are even further ahead; their TU-144 has already logged nearly 200 hours of flight, and may fly passengers...
...commerce, since the average draft of a barge is only eight feet. Tulsa officials already plan to spend $20 million in the next two years to build a port to be named Catoosa, from which they expect to ship oil field machinery destined for Europe. Arkansas grain distributors, who export 40% of the 100 million bushels of grain that the state produces annually, plan to switch from rail to barges in order to get the grain to New Orleans for the start of the ocean voyage. Some residents of northern Alabama even foresee a role for the barge ships...