Word: exportability
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...economic experts saw some modest encouragement in the continuing strength of the world's other leading economies. During the 1973-75 downturn, nearly all industrial countries marched lockstep into a deep recession, knocking world trade flat and devastating export industries. Yet in the present situation only the U.S. and Britain are reeling. The economies of most of Continental Europe and Japan remain relatively buoyant, with inflation under greater control. This should help U.S. exports and give new strength to the American dollar. Said Heller: "One of the upbeat aspects of a downbeat economy is that real exports will improve...
...taking place among the state's 250 other agricultural products. Last year was the second in a row when farmers made bigger profits from fruits and nuts than from staples, such as vegetables, wheat, rice and cotton. Increasingly, farmers are finding that the crops best suited for export provide the biggest profits. The almond harvest, for instance, has grown 4½ times since...
...before denouncing the invasion. Carter's proposal for an Olympic boycott was quickly dismissed by Paris as "inappropriate." French government missions continued to travel to Moscow to protect Franco-Soviet trade (worth $3.7 billion last year). Paris, meanwhile, blocked European Community proposals to cut Soviet access to preferential export credits. During the Moscow May Day parade, France's Henri Froment-Meurice was the only major Western ambassador present...
THESE TACTICS have not been particularly successful for Third World nations. Devaluation has traditionally been used to stimulate exports; but the light industry of most Third World nations finds little export opportunity open to it. Developed economies are shut off to a potential exporter by tariff and other trade barriers, and other undeveloped economies are facing austerity measures of their own and can buy no more...
Along with creating one of the world's highest living standards, however, the Social Democrats fostered the world's highest labor costs, which have eliminated Sweden's competitive edge in such export markets as mining and shipbuilding. The unions simply do not trust the non-socialist coalition now led by Prime Minister Thorbjorn Falldin. Many Swedes believe that L.O. has sanctioned the current strikes primarily to bring down Falldin's government, thereby paving the way for a return to power of his Social Democratic predecessor, Olof Palme...