Word: exporters
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...East German regime keeps the best products out of East German consumers' hands; quality items are strictly for export to the West, second-rate stuff for "fraternal allies," third-rate goods for home consumption. Even though the East Germans are Communism's most efficient workers, they produce only 50% as well as their West German brothers. While take-home wages average about $142 a month, a nylon shirt in East Germany costs $20, a pair of men's quality shoes...
...this, Australia is one of several countries that have acted outright to discourage the sale of some raw materials. It has urged Australian corporations to stop selling bauxite to the Japanese in ore form, arguing that, to create jobs at home, the mineral should be processed into alumina before export...
Once a wealthy import-export businessman, Sioris now holds a powerful post in the Greek military regime-the Ministry of Religion and Education-which many consider the commissariat of propaganda in a country where official views and explanations are accepted with a minimum of resistance...
Sitting Duck. The downfall really began in 1966. The Labor government, desperate for export earnings as the pound staggered toward its 1967 devaluation, prodded Rolls to go all out to win an international competition for the engines for the Lockheed TriStar. Rolls responded enthusiastically, spending an estimated $1,000,000 on its sales campaign, including $192,000 on transatlantic air fares alone. In 1968 the company won an order to build 540 engines for $840,000 each. Lockheed executives crowed that it was "the best price deal we ever made." David Huddie, then head of Rolls' aero-engine division...
...engine. In 1968 Rolls-Royce won an international competition to build the engines for the Lockheed L-1011 airbus, a 256-pas-senger trijet that is supposed to start flying for TWA and Eastern late this fall. Britons had hailed the contract award as a triumph of export salesmanship by Rolls, but it proved instead to be ruinous. Rolls agreed to deliver 540 engines for the "TriStar" at a fixed price of $156 million; by last November it had concluded that the cost of building them would be more than twice that. It asked the British government for help...