In marked contrast to the encouraging results of President Carter's cautious domestic economic efforts, White House policy on the international front has been a growing source for grumbling. Last week disagreement with the Administration's foreign economic policy flared again in the wake of two developments: the plunge in the dollar's value to new lows against the West German mark, the Swiss franc and the Japanese yen hi international money markets, and the Government's report of a record monthly foreign trade deficit of $2.82 billion for June. For the first six months of...
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