Word: exports
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Dates: during 1980-1989
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...dissimilar laws as part of a government-wide trend toward more secrecy. Agencies ranging from the Office of Management and Budget (OMB) to the Department of Defense (DOD) to the Department of Housing and Urban Development (HUD) have used legislation as different as the Paperwork Reduction Act and the Export Control Act to restrict the flow of information, the authors...
...April, 1982, President Reagan issued an executive order which increased his ability to classify certain research "sensitive" to the nation's security. Administration officials have also used the Export Control Act, which authorizes restrictions on the export of "technological data" to bar foreign scientists and scholars, particularly those from Communist-bloc countries, from participating in scientific conferences and from being exposed to certain information...
...inflation of more than 100% so far this year, a foreign-debt burden of $55 billion and a current budget deficit of $5.6 billion -- the President offered a radical prescription: wage-price freezes, tax increases for middle- and upper-income earners and a currency devaluation of 11.8% to boost export sales. While foreign creditors generally welcomed the plan, the applause was perfunctory, since so many Argentine austerity campaigns have come and gone with few lasting results...
That overseas prowess is not dependent solely on sales of such consumer products as BMWs and Bordeaux wine. Other important export categories range from chemicals and pharmaceuticals to industrial machinery and office equipment. Europe's proudest achievement, perhaps, is its new prominence in aerospace. Airbus, the aircraft consortium backed by the governments of France, Britain, West Germany and Spain, has emerged as a major competitor to America's Boeing in the passenger-jet market. Last month Europe confirmed its successful lift-off in the space market by hoisting two communications satellites into orbit atop an Ariane rocket. While...
...renewed confidence in Europe, however, a few strains of Europessimism linger. Europeans realize that in the mid-1980s their exports to the U.S. received a mighty boost from the rise in the value of the dollar, which made imports less expensive for American consumers and businesses. Now that the dollar has taken a dive, Europe's export industries are feeling pressure once again. Another concern is sluggish investment. Despite healthy earnings, many of Europe's companies are not devoting enough money to modernizing and expanding factories. Instead, firms are stashing cash in high- yielding money-market securities or buying...