Word: exportability
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...Mexico's population. But the plight of the campesinos has been made worse by government support of agribusiness. Only about 15% of Mexico's land is suitable for cultivation. Most of this is farmed by huge agrarian combines that produce tomatoes, eggplants, chick peas, strawberries and asparagus for the export market rather than less profitable staples for domestic consumption. Mexico sells $1.1 billion worth of foodstuffs to the U.S. each year, but has to import 4.5 million tons of grain to feed its people...
Speaking before about 100 Business School officials and students, Lougheed said Canada could export large quanities of natural gas to New England, but added. "There's no way we're going to sell natural gas to the United States below the Mexican price...
This year they have a different gripe: labor disputes are plaguing the nation's overburdened crop distribution system at a time when bin-busting harvests and a high export demand augur a booming farm economy. Since late August the United Transportation Union and the Brotherhood of Railway and Airline Clerks have halted operations on the Chicago, Rock Island & Pacific Railroad, which serves 1,680 grain elevators in the Midwest. And for almost three months a strike by the American Federation of Grain Millers has closed the 13 huge grain elevators in the port of Duluth-Superior, stopping...
...world price of 90. In return, the Soviets sell Cuba nearly all the oil it burns, at $14 per bbl., about one-third below the world price The Soviets and the Eastern bloc also buy most of Cuba's nickel, its other major export, at prices about 50% higher than world levels, and fund most of Cuba's industrial development. Projects financed by the U.S.S.R. supply 30% of all Cuba's electricity, 95% of its steel and every last pound of its sheet metal All together Soviet aid has doubled since 1976 to about $3 billion...
...government requires him to sell all of his rice and most of his paper pulp within the country so that Brazil can save scarce foreign currency. But unless Ludwig can export to hard-currency countries, he will have a difficult time raising money...