Word: exportability
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...extolled the nation's commitment to democracy and the bravery of its voters in turning out heavily in last year's elections. By contrast, the Cuban-backed regime in Nicaragua was depicted as an unmitigated villain, reneging on its promise to hold free elections, censoring its press and export-big its revolution despite the friendship and aid the U.S. had offered when the new government came to power in 1979. In the two years after the revolution, Reagan reminded his listeners, the U.S. provided five times as much aid ($118 million) to Nicaragua as in the two years prior...
...advantage in international competition. A Commerce Department study showed, for example, that government help to European steelmakers amounted to as much as 41% of the value of their products. In response, other nations charge that the U.S. has its own array of subsidies, including low-cost financing through the Export-Import Bank to customers who buy American goods...
...major source of migrant workers in the Caribbean, with maybe three to four times its population outside the country. They still leave and they still come home to the island, each time having to spend a day in Trinidad or Barbados waiting for an air shuttle. Their food-export market to the other, more developed islands will depend on larger planes being able to fly from Grenada. The Grenadians have been asking for this airport for almost 25 years, and the Cubans finally gave it to them. "The one mistake Reagan made was to interfere with the one project...
Whatever happens at Williamsburg, the U.S. is undoubtedly going to continue to look askance at the volume and substance of East-West trade. A focus for that critical view is the NATO alliance's Coordinating Committee on Export Controls, or COCOM, a body created in 1950 to monitor and restrict the flow of strategic Western industrial goods to the Warsaw Pact nations. It is virtually powerless today. Complains a senior Reagan Administration official: "COCOM is nothing but a junior Italian official and ten clerks...
...millionaire several times over. The walk to riches began last November, when Hakuta's parents in Tokyo sent several of the widgets to his 3½-year-old son Kenzo, in Washington. Entrepreneur Hakuta, who has an M.B.A. from Harvard and runs a Washington-based import-export firm called Tradex, was immediately smitten with the toy and arranged to have it shipped to the U.S. He says: "I figured it might be something that could put humor into this recession." (Tradex, which has its headquarters in Hakuta's house, had previously been engaged in the less-than-hilarious...