Word: exportability
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Dates: during 1970-1979
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About the Japanese economic growth [June 26], I am sure that most Americans misunderstand the situation. Yes, I agree that the Japanese economy is an export-led one, but every American must also know that the U.S. is a consumer's economy. So if the American people do not reduce their consumption, I will not be surprised when the exchange rate between the two countries is 1 yen to 200 U.S. dollars. How about that...
After considerable cajoling by his fellow summiteers, President Carter eased his stand against the export of nuclear fuel. He and Canadian Prime Minister Pierre Trudeau agreed that their countries would be "reliable suppliers" of enriched uranium to the Western Europeans and Japanese, provided that those nations impose stricter safeguards against the spread of atomic weapons; they said they would...
...billion, United's orders are by far the largest transaction in aviation history. But they are only the beginning, and they affect far more than just the airlines. Aircraft sales abroad are one of the U.S.'s largest export items, and without them the nation's trade balance would suffer disastrously. Plane sales are also a matter of national pride, and for the first time ever, the U.S.'s dominance of civil aviation is being seriously challenged by European governments, which are pressing their state-owned airlines to buy jets made by their own industries. Until...
...fourth country in which I have made a home, and definitely the last." Ali Daghighfekr, 30, comes from an Iranian family that owns the Middle East's largest manufacturer of home appliances. Uncertain of the future of private enterprise in Iran, he set up an import-export business in Los Angeles last year. Says he: "I don't think Americans really appreciate America. If I marry and have children, I think they will thank me for allowing them to be born American...
There have been misunderstandings aplenty in this classic clash, and lessons to be learned on all sides. First, the ranchers, who overreacted to a rather modest increase in quotas, should recognize that freer trade will ultimately benefit them. America's potential for export to a beef-loving world is enormous, and ranchers cannot exploit it while clamoring for rigid quotas...