Word: purchasingâ
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...most frightening figure for the future is that OPEC nations stand to accumulate payments surpluses of $250 billion to $325 billion by 1980, and the rest of the world would run up exactly that much of a deficit.* For the countries that have them, surpluses create huge purchasing???and political?power. Conversely, deficits usually lead to recessions, devaluations and decline...
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