Word: exportation
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...happened to a country that up until a year ago gave all the signs of being on a durable winning streak. Mexico has steadily climbed out of the debris of the debt crisis of the early 1980s, when a dip in the price of oil, its most valuable export, left the nation unable to pay its bills. For years afterward Mexico was a dirty word to foreign investors, who left it to starve for development capital. Rebuilding credibility required a long stretch of austerity and the sale of inefficient state operations like banks and telephone companies, measures begun by President...
Even worse, taxpayers' money actually funds many of these export sales; the U.S. government gives foreign nations money to spend on our own weapons. Sometimes the money is sent as direct grants for military aid. Countries receive funds for weapons indirectly by funneling Economic Support Fund and World Bank monies back into arms. Tax money also covers expenses for military trade shows that demonstrate the technical superiority of domestically produced weapons to potential customers; it also pays the budget for a Pentagon department responsible for encouraging foreign sales. United States tax revenue used by foreign nations to buy arms totalled...
Hall is one of the early innovators. In the years since he was expelled from Ciskei, he has built his new farm, Whitehall, into one of the leading export operations in the Western Cape's fruit belt. This year he put a third of his holdings into a trust for his 170 permanent employees...
...first tests of Republican cooperation with President Clinton will come later this month, when Congress briefly reconvenes in a lame-duck session to attempt to pass the GATT global trade treaty. Though that measure promises to create thousands of new export jobs in the U.S., it is opposed by textile manufacturers, some unions and other influential interests. When the White House last week conducted an informal count of Senate votes, the tally came up two votes shy of the number needed to approve the measure. Welfare reform and GATT were the first two subjects Clinton wanted to discuss with Gingrich...
...German, South Korean, Taiwanese, name-the-country rivals -- and in products like autos, machine tools and computer chips, where a few years ago they were being trounced. The U.S. firms are not only turning back an import invasion of American markets but also triumphing in so-called third-country export markets and even swiping some sales in Japan and other tormentor countries. The closest thing to an official world championship of business is top rank among the nations studied by the Swiss-based World Economic Forum, and last month the forum made the announcement: after eight years of Japanese domination...