FOR businessmen almost everywhere, 1967 was a year of rising anxiety about strikes and riots, war and other tensions, inflation and monetary strains. In many countries, such problems thwarted or threatened economic gains by damaging everything from domestic output to world trade, whose growth shrank to a 7% rate from the 9% of a year ago. Despite all that, it was far from being a bad year for business. The U.S. continued to be prosperous; its economy, the abundance of which mankind holds in awe and envy, simply fell short of optimistic expectations....
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