Word: export
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Dates: during 1990-1990
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...many productions as the Great White Way -- including many more new dramas and a much more varied range of revivals -- and commonly does them better. In recent years British superiority even extended to Broadway's signature genre, the musical. As a succession of London hits was packed up for export (and runaway profit), Broadway started to seem like just an early stop on the international touring circuit...
...Government connection surfaced when it turned out that a fourth of the export credits extended by BNL had been backed by the Commodity Credit Corporation. The CCC, an arm of the Department of Agriculture, provides guarantees to spur sales of U.S. farm products. But the department's own inquiry revealed that the CCC had no idea whether the credits it had backed were used to purchase U.S. farm commodities that actually reached Iraq, or were resold to third countries for hard currency. Possibly some of the credit guarantees backed shipments of nonagricultural products like transportation spare parts...
...deluged by drugs, the accessory trade has become a multibillion-dollar industry. The profits are high -- a crack pipe that costs 3 cents to produce can retail for $8 -- and the risks of jail are low. Though a 1986 federal statute makes it a felony to import, export or conduct interstate trade in paraphernalia, no federal law bans its manufacture. Moreover, while all states except Alaska have passed laws to control the sale of paraphernalia, the crime is typically a loosely enforced misdemeanor. "These guys simply do not face an equivalent risk for the harm that they are producing," says...
...controlled by government-run corporations that allow no competition. For another, the U.S. objects to the Indian government's restrictions on all new or expanded investment by outsiders. In most cases, foreign investors are limited to a 40% equity stake in an enterprise, and they must agree to export more than they import, among other requirements...
Ironically any campaign to change American coffee habits would probably be overshadowed by last year's drop in coffee prices. Salvadoran coffee beans that sold for $135 per 100 lbs. last summer fetch just $70, a plunge that has slashed the country's export earnings by at least $175 million, or about 30%. Says Ernesto Altschul, a senior adviser to Cristiani: "I can't imagine they can hurt our coffee industry any worse...