Word: trade
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Dates: during 1960-1969
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...only a U.S. that could continue to meet its obligations of free-world leadership; it served as a springboard for vast creative forces. With postwar U.S. help the industrial nations of the West had built their economies to the point where they could begin to tear down the trade barriers that are always a sign of weakness. They could start to share with the U.S. in the immense and compelling job of aiding the world's underdeveloped lands. Those lands, with examples of successful free enterprise ranging from West Germany to Japan, were beginning to shuck off their socialist notions...
...building a bridge to draw together their Outer Seven and the bigger Common Market Six. U.S. Under Secretary of State C. Douglas Dillon returned from a European tour last month convinced that the U.S. would have to involve itself as a direct participant in consultation between the two developing trading groups, if only to protect its own trade interests. But Washington was not particularly interested in bridging or blending the two groups, in order that they might exchange special privileges that exclude the Americans. Instead, the U.S. itself wants in on any trading of special preferences...