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Word: exportability (lookup in dictionary) (lookup stats)
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Such a pace will not be easy to sustain, however. Mexico and Brazil are overburdened by debts that threaten to crush their economies and throttle their ability to export. Even the stronger Asian NICs face perils ranging from political unrest at home to protectionist barriers abroad...

Author: /time Magazine | Title: Newly Industrialized Countries: Low Costs, High Growth | 10/19/1987 | See Source »

...February, President Jose Sarney declared that the country would stop making interest payments on its medium- and long-term commercial bank loans, a stunning action that sent shock waves through the international banking community. The financial crisis has forced Brazil to curb imports and go all out on the export front. So far, the results have been unexpectedly impressive. In July alone Brazil achieved a record monthly trade surplus of $1.4 billion. The Brazilians still rely on sales of such basic goods as orange juice and coffee, but the country has also become a prominent exporter of manufactured items, including...

Author: /time Magazine | Title: Newly Industrialized Countries: Low Costs, High Growth | 10/19/1987 | See Source »

Should an economic power as large as the U.S. get excited about the sale of a few thousand autos or tons of steel to a foreign country? Yes, indeed. For America in the 1980s, a modest export can represent a major industrial breakthrough. Cases in point: Chrysler Chairman Lee Iacocca announced in September that for the first time in nearly ten years, the automaker would begin selling U.S.-made autos in six West European countries -- and at prices lower than those of competitive models. Earlier this year the largest U.S. steelmaker, USX, sold 20,000 tons of hot-rolled bands...

Author: /time Magazine | Title: Special Report: Global Competition: Taking On The World | 10/19/1987 | See Source »

...export performance in the 1980s has been discouraging. Its share of world exports slipped from 12% in 1980 to 11% last year, while most other industrial countries made gains. The share held by the least developed countries fell sharply, generally because of plunging world prices for commodities ranging from oil to rubber...

Author: /time Magazine | Title: Special Report: Global Competition: Taking On The World | 10/19/1987 | See Source »

CAPTION: WORLD EXPORT MARKET...

Author: /time Magazine | Title: Special Report: Global Competition: Taking On The World | 10/19/1987 | See Source »

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