Word: offsets
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...Anglo-American forces in West Germany, Wilson's representative argued that Britain's pound and balance-of-payments position were so strained that the government would have to slash its 55,000-man British Army of the Rhine by two-thirds unless the West Germans helped to offset its foreign-exchange costs of $250 million a year. But also last week Wilson jetted to The Hague on his fifth mission to Common Market countries and reiterated a now familiar theme. His argument: the pound has become so stable that Britain could enter the market without much...
...designed to reduce Britain's international influence. For example, the French are expected to insist that Britain gradually withdraw the pound from its position as a world-reserve currency. Wilson is not likely to balk at such suggestions because leading Britain into the Common Market would offset his failures on other fronts...
...eight spot. If Harvard beats Yale in the 8:30 p.m. game at New Haven, the Crimson will get that spot and will play against B.U. in the Arena Tuesday night. If Harvard loses, the nod will go to Northeastern, which has three losses against Division II teams to offset three impressive wins over...
...Harvard, sophomores Barth Royer and Bob Kanuth played strongly under the offensive backboard, but their efforts weren't enough to offset Johnson...
Even though some Libyan crude is waxy and tends to solidify at European winter temperatures, Europe is the major market. Although production costs are higher than those in the Middle East, low transportation charges more than offset the difference...