Word: exportability
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...Suspending new Export-Import Bank credits and loan guarantees...
...military assistance of consequence would have needed congressional approval. The loan guarantees from the federal Commodity Credit Corporation are used mainly for financing the sale of American agricultural products abroad; but Argentina is a major agricultural exporter, especially to the Soviet Union, and was expected to receive only $2 million in loan guarantees this year. The most important sanction was on credits from the Export-Import Bank of the United States, which will affect $500 million in Argentine purchases of hydroelectric equipment. Despite the sanctions, the U.S. would remain among Argentina's largest foreign trading partners. Argentina last year...
...Argentina's few important economic friends at present is the Soviet Union. So far this year, the Soviets have bought 2.6 million tons of Argentine wheat, 68% of the amount available for export. The Soviets also will continue being big customers for Argentine corn, sorghum and soybeans...
Such heavy dependence on foreign markets can be dangerous, given the protectionist mood of many countries. Voluntary export restraints by Japan have slowed GLC sales in the U.S. Americans bought only 13,388 of the autos in the first three months of 1982, in contrast to 21,209 a year ago. After recovering from the Wankel crisis, though, any troubles now seem almost minor...
Even in this season's less than robust crop, there are some potential export candidates. Among the one-acters, The New Girl, by Vaughn McBride is a very winning entry. The setting is a room in the Flossie Patch Nursing Home in Burley, Idaho. Clarissa (Anne Pitoniak) is bedridden, and Flo (Susan Kingsley) tools in on a health" to wheelchair get out the reporting first that time she and she'll "faked do it again. "I'm a lifer," responds Clarissa, but not despairingly. The two women are feisty graveyard jesters and the word terminal...