Word: benderley
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...decline against major currencies since early 1985 has started to work wonders for American exporters, who have watched their products become progressively cheaper to foreign buyers. U.S. exports were an estimated $251 billion last year, up nearly 15% from 1985, and most economists expect the rise to continue. Jason Benderley, a senior economist at the Goldman, Sachs investment firm, predicts that if the dollar stays at its current level, overseas shipments could grow by as much as 15% a year through 1991. If imports level off or decline, the trade deficit could finally start to shrink steadily...
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