Since 1949, under the Export Control Act passed to keep strategic goods out of possibly unfriendly hands, U.S. businessmen who wanted to trade with Communist nations had to obtain special licenses to ship even such seemingly nonstrategic items as breakfast cereal and suspenders. Last month, however, in an effort to build better trade relations, president Johnson relaxed many of the barriers. Such definitely hostile nations as North Viet Nam, North Korea and Cuba remain on a no-trade list; but for others like Russia, Hungary and Czechoslovakia, restrictions have been eased. Off the...
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