Word: exportability
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...former U.N. ambassador Charles Yost announced that the U.S. would officially discourage investment by American business in Namibia, would cut off Export-Import Bank guarantees and would not protect investments made since 1966. But none of the measures the U.S. government has taken to prevent investment have been effective. Many corporations--including Phillips Petroleum, Continental Oil, U.S. Steel and Bethlehem Steel--have decided to invest despite official policy...
...name of an infectious disease, a moss lichen or a law-school seminar. Reggae (pronounced ray-gay) is the local jargon of Jamaicans distinguishing "regular" rhythm from calypso. To millions of fans, the lilting pop rock with the spicy island beat is the Caribbean's most captivating musical export since steel bands...
...their clients with a wide range of services, including storing, transporting and insuring goods. They hunt up bank loans when needed. A small army of trading-house representatives roams the world sending back a steady stream of information on foreign politics, weather, and anything else that might affect an export decision. The trading houses also organize huge consortiums to tap natural resources anywhere. Mitsui, for instance, is a major partner in a group that is developing copper deposits in the African nation of Zaire...
...foreign policy, Tolbert has gone a long way toward shedding Liberia's reputation as a docile U.S. colony. While staying on good terms with the U.S., he has established diplomatic relations with the Soviet Union and Czechoslovakia. He has wheedled a better deal out of foreign concessionaires who export Liberia's iron ore and rubber, increasing the revenues to his treasury by some $5,000,000 a year. He is hoping to attract another $700 million from U.S. and Japanese sources for a huge new iron-ore project at Wologisi (estimated reserves: up to a billion tons...
...Deutsche Bank, said that the world would have to be patient while the U.S. tried to turn its payments deficit into a surplus. "Most people expect too much too quickly from currency realignments," he explained. "The experience of American industry is different from the European. We have had to export to survive. American companies generally have not. Many have preferred to export dollars, to build plants overseas rather than to export goods...