Word: exportability
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...Export-Import...
...effect of the Third World recession on the U.S. trade deficit warrants more attention than it received in your article "The Threatening Trade Gap" [ECONOMY & BUSINESS, July 9]. In 1980 U.S. exports to the developing countries were more than those to Europe and Japan combined, and throughout the 1970s the Third World accounted for the largest share of gains in U.S. exports and export-related jobs. Thus, while the U.S. and other industrialized countries are emerging from the recession, the U.S. export sector is not likely to achieve its previous high levels so long as growth prospects for the most...
...days later Labor Party Leader David Lange (pronounced Long-ee), who will be the next Prime Minister, announced an economic package that includes a 20% currency devaluation. Lange also proposed a removal of interest-rate controls, a three-month curb on prices and professional fees, and a review of export incentives. The Reserve Bank, breaking with precedent, hailed the plan; even the Anglican Archbishop of New Zealand, the Most Rev. Paul Reeves, abandoned his ecclesiastical silence and called on the country to support those working for a "way out of economic difficulties." Lange, 41, replaces the National Party...
...Economy. The fundamental issue is that Nigeria is a single-export economy. Oil accounts for more than 90% of our foreign exchange earnings. We earn dollars because of the OPEC pricing system, but we are suffering now because we produce less and sell the oil at lower prices. We must import only goods that are basic and essential to our economy. A lot of emphasis has been put on agriculture. Because of the shortage of food in the country, people are going back to the land. We have taken stock of our debts and redone the budget. We tried...
...that in this world, as opposed to Dr. Seuss's cuddly creation, what divides Yooks and Zooks is democracy and constitutional government, among other conventions? The principal reason Yooks insist on arming themselves is that the Zooks of this planet have the unfortunate tendency to build gulags (for export too) and to stockpile those nasty intercontinental ballistic bomberoos...