Word: exportation
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Dates: during 1970-1979
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...price of the mark rise 12% from its last official level relative to the dollar, but it has two other goals. One is to force the Japanese yen up by a higher percentage in order to reduce the price advantage that Japanese goods hold over German merchandise in export markets. The Germans also want to push the French franc up as much as possible in order to minimize any French advantage over Germany in trade within Europe...
JAPAN. Washington spokesmen buttress their complaints about Common Market protectionism by emphasizing Japan's failure to build a sizable European export market. The U.S. is trying to persuade the Europeans to buy more Japanese goods, figuring that the Japanese would then ease their selling pressure in the U.S. Last year the U.S. took 30.7% of Japan's exports, while the Common Market countries took only 6.7%. Japan sold fewer than 35,000 cars in the Common Market Six last year, only 400 in West Germany. In electronics and textiles, too, the Japanese meet stiff resistance. According...
...Chile last year and has spawned a predominantly leftist front in Uruguay, where elections were held early this week. Both movement are strongly nationalistic and directed to a large degree against foreign investment. ANAPO, using the same technique, calls for a state takeover of all mineral wealth, the import-export trade and the banking system. A probable target might be some of the $700 million private U.S. stake in Colombia, half of it in oil. But Rojas Pinilla himself does not openly oppose foreign investment...
France's economic abilities are showing well now. Last year the country's auto production grew 23%, to 2,500,000 units, partly because of an aggressive export campaign that induced West Germans to buy more Renaults (154,000) than any other foreign car. The French arms industry ranks second only to that of the U.S., and has recently gained new customers in the Middle East and Latin America. French computers, which were introduced in 1960 and long regarded as one of Charles de Gaulle's empty bids for prestige, have turned into a profitable, $150 million...
Charges of red tape in Washington are common enough, but rarely are they made by high Government officers. In a new report, Secretary of Transportation John Volpe reveals some shocking statistics about the high costs that red tape tack on to the nation's imports and exports. Says Volpe: "The cost of documentation in U.S. international trade has reached nearly $6.5 billion annually, or 7.5% of the value of U.S. export and import shipments." The documents are demanded mostly by the Government, but also by banks, insurance companies and shipping firms. Items...