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...said last week that during the final three months of 1987, the U.S. economy expanded at a robust 4.2% annual rate. The surge was propelled in part by the falling dollar, which enabled American manufacturers to sell more goods overseas. The volume of exports grew 20% during 1987, while import growth slackened to less than...

Author: /time Magazine | Title: THE ECONOMY: A Surge Before The Slump? | 2/8/1988 | See Source »

...officials have tried, with little success, to persuade the four to strengthen their currencies relative to the U.S. dollar, so that their exports would no longer be such bargains to U.S. consumers. Last week the President retaliated by eliminating the countries' special trade privileges, which had allowed them to import many products into the U.S. duty-free. But the Tigers still have a one-year reprieve before the policy takes effect...

Author: /time Magazine | Title: TRADE: Roaring Back At the Tigers | 2/8/1988 | See Source »

...second indictment unsealed yesterday in Tampa accuses Noriega of conspiracy to import, distribute and attempt to import in excess of one million pounds of marijuana...

Author: NO WRITER ATTRIBUTED | Title: Noriega Indicted for Drug Trafficking | 2/6/1988 | See Source »

...living room walls is a complete microfiche copy of the Koran, the sacred text of the Islamic religion, and Mylroie also owns several pieces of Middle Eastern furniture. "That's one of the payoffs--you get to pick up theses things other people can only get at expensive import shops," she says...

Author: By Benjamin R. Miller, | Title: Unraveling Middle Eastern Diplomacy | 2/5/1988 | See Source »

...fairness to Simon and Hart, there is another revenue producer in both of their deficit plans: oil-import fees. This is, in effect, a hidden tax; it raises gasoline prices at the pump without being directly visible to consumers. That is part of the reason that support for duties on imported oil cuts across the political spectrum, having won the endorsement of Gephardt, Gore and Dole as well. The rest of the equation is simply regional politics: such fees would amount to a windfall for domestic producers in Super Tuesday states like Texas and Louisiana by allowing them to raise...

Author: /time Magazine | Title: Yes, There Are Issues | 2/1/1988 | See Source »

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