Word: exportability
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...should wait by the mailbox. But American industries and individuals do stand to gain materially from a successful Uruguay Round. The pact, as it stands, contemplates a one-third drop in average tariffs and safeguards against hidden export subsidies. It would also provide a stronger forum for settling trade disputes amicably than unilateral reprisals, such as the $1 billion in new tariffs on European goods that the U.S. threatened last week in retaliation for E.C. subsidies on oilseeds like soybeans...
Later, the author goes on and states:"...the only time foreign investors got really excited about Peru was during the 19th century when 80 percent of the government revenues were derived from the export of guano (which is, well, bird shit)." Guano is a fertilizer obtained in the coastal islands that was used extensively to spur agricultural output, feeding an increasing world population. Does it matter to Peru's current crisis that it exported guano in the 19th century...
...build a 62-story office building on the site of Nairobi's Uhuru Park frightened away other foreign investors and scuttled the project. She also led the outcry against destruction of 20 hectares (50 acres) of forest on Nairobi's outskirts so that roses could be grown for export. Maathai countered official claims that the site contained no indigenous trees with a photograph of herself in the cleared forest, clinging to the stump of a recently felled giant hardwood...
...recession-weary nation to the cause -- only a pressroom briefing at which the Administration's key players couldn't say how much their proposal would cost. It was not until eight hours later that Baker said the U.S. contribution to a $24 billion multinational plan of loans, grants and export credits would cost American taxpayers a relatively small "$3-plus billion" in new funding...
...economy is a basket case, boasting the second lowest per capita GNP in Latin America. Despite impressive metal resources, the only time foreign investors got really excited about Peru was during the 19th century, when 80 percent of government revenues were derived from the export of guano (which is, well, bird shit...