Word: surpluses
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This unilateral tariff reduction has already brought benefits to the U.S. economy. Estimates show that between 1985 and 1989 the increase in U.S. exports to Mexico has generated nearly 400,000 new jobs in the American economy. The trade surplus Mexico enjoyed with the U.S. in the 1980s has been transformed into a trade deficit of over 20 billion dollars in 1992. This trade deficit is enormous for Mexican standards (6.5 percent of Mexico's GDP) and has produced considerable job losses...
...sends Mexican buyers everything from soybeans to Chevrolets. Since Mexico began lowering its trade barriers, annual U.S. exports to the Latin American country have more than tripled, to nearly $41 billion. That has turned a U.S. trade deficit with Mexico of $5.2 billion in 1986 into a $4.7 billion surplus last year. "Almost all the real effects of NAFTA have already happened," says Paul Krugman, an M.I.T. economist. "Mexico has already had the big liberalization. We're talking not about an investment boom that's going to happen, but one that's under way now." Many American companies with...
...removing those barriers, we will have a larger trade surplus with Mexico than any other country in the world," Gore said...
Under proportional representation, citizens rank their choice of candidates. Whenever the candidate a ballot is counting for amasses a surplus of votes or fails to garner enough votes to qualify, ballots are transferred towards the next numbered candidate...
...surplus from Davis will likely benefit theCCA-endorsed Simmons, who has amassed 2,992votes--just a handful short of the quota. It willalso help Henry J. Lukas and Robin A. Harris, bothof whom are endorsed...