A Foreign Economic Policy for the 1970's: Hearings, Ninety-first Congress, First Session ...

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Página 1352 - The United States has always supported the strengthening and enlargement of the European Community. We still do. We welcome cohesion in Europe because it makes Europe a sturdier pillar of the structure of peace..
Página 1346 - Agriculture, Commerce and Labor, the Director of the Office of Management and Budget, the Chairman of the Council of Economic Advisers, the Assistant to the President for National Security Affairs, the Executive Director of the Domestic Council, and the Special Representative for Trade negotiations. The Council itself meets periodically, as necessary to fulfill its function.
Página 1313 - Cereal groats and cereal meal; other worked cereal grains (for example, rolled, flaked, polished, pearled or kibbled, but not further prepared), except husked, glazed, polished or broken rice; germ of cereals, whole, rolled, flaked or ground...
Página 1313 - Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and other similar roots and tubers with high starch or inulin content, fresh or dried, whole or sliced; sago pith Chapter 8.
Página 1427 - An additional major change since World War II. and particularly in the last decade — is the emergence of a new kind of business, the multinational firm. These are often American-based companies with plants, sales agencies and other facilities in as many as 40 or more countries around the world. Some nre conglomerates, such as ITT and Gem-seo.
Página 1339 - Whether we continue a liberal trade policy in the 1970*5 or not will have a profound impact at home and abroad. This Administration is committed to the principles of free trade. We recognize that our preponderant size in the world economy gives us an international responsibility to continue on this path just as we have an international responsibility to manage our domestic economy well. I am convinced that liberal trade is in both our domestic economic interest and our foreign policy interest.
Página 1264 - Mr. Chairman, members of the subcommittee, I appreciate very much the opportunity to join in these hearings and discuss this legislation.
Página 1385 - ... imports. III. Foreign Trade Theory Since the time of Adam Smith, most economists have tended to support a liberal trade policy. This prescription is largely based on the theory of comparative advantage which says that freedom of goods to move around the globe will lead to the most efficient use of world resources. For each nation the prescription is the same:-- if you want to export, then freely admit imports. If you do, in the long run you will concentrate your resources on what you can make...
Página 1388 - ... opportunities in lower wage export countries. This influence must be weighed against the setting of standards for job protection purposes in the importing countries. In its report on the Proposed Trade Act of 1970 the Ways and Means Committee indicated that the President should take steps with respect to trade agreements which would lead to the elimination of unfair labor conditions which substantially disrupt international trade. They suggested that machinery be set up in such trade agreements...
Página 1315 - Articles of apparel of leather or of composition leather, containing furskin or combined or trimmed with precious metals, rolled precious metals, metals plated with precious metals, precious stones, semi-precious stones, pearl, coral, elephants

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