Word: trade
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Dates: during 1980-1989
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...wrong to assume that East Germans are as disenchanted with their political system as are many of their bloc neighbors. GDR citizens aren't clamoring to trade their government subsidies, guaranteed health care and the highest standard of living in the Eastern bloc for higher prices, unemployment, a declining birth rate and the impersonal chaos of capitalism in their western counterpart...
...administration has promised to give Moscow most-favored-nation trade benefits, and to support its bid to participate in the General Agreement on Tariffs and Trade (GATT), an international trading organization, in exchange for Soviet relaxation of emigration restrictions on Soviet Jews...
...money chasing too few goods. West Germany's remarkable postwar recovery was based on a brutal currency reform that in 1948, under Allied military government, destroyed all savings and, by restoring the scarcity value of money, ended the barter economy. Eastern Europe suffers from another economic distortion: the incestuous trade patterns that are a legacy of the Stalinist years. Trade under Comecon, the Council for Mutual Economic Assistance, was based on a curious reverse mercantilism: the imperial country (the Soviet Union) supplied energy and raw materials that the colonies (the satellites) paid for in manufactured goods. Since the Soviet Union...
...were promised that we could do it all and we would be as successful as men," says Carolyn Lo Galbo Goodfriend, 39, a mother of a five-year-old, who manages more than $300 million worth of accounts for Kraft General Foods in Rye Brook, N.Y. "But the trade-offs and sacrifices a woman has to make are far greater than a man's." Lo Galbo once met Steinem at an awards dinner and demanded to know, "Why didn't you tell us that it was going to be like this?" The matriarch of Ms. magazine answered with admirable candor...
...granted Iran most-favored nation status under the Shah, when our stategic interests so dictated. Moreover, Larew's statement, that oil-producing gulf states are becoming more geopolitically important, is simply false. The days of the oil-weapon are fast declining, as illustrated by Japan's recent enlargement of trade with Israel, despite Arab protests. I wish Larew were correct in asserting that Israel's primary card in the U.S. will soon become political democracy because then we "Zealots" could be assured of continued U.S. support for Israel. Unfortunately, Israel's primary card will continue to be it strategic position...