Word: exportability
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...January, Pérez's government also nationalized the rich iron ore industry, which had been controlled by U.S. Steel and Bethlehem Steel. Last year Venezuela produced more than 26 million metric tons of ore, almost all for export. Venezuela's grand plan is to use much of its oil income to build a huge steel industry that will exploit its iron ore and great sources of hydroelectric power. Deep in the backlands on the Orinoco River, more than 200,000 people have already clustered in the government run, iron-and-steel community of Ciudad Guayana, where international...
Foreign policy and strategy aside, for many nations arms exports have been a useful means of keeping their defense industries alive. The increased volume provided by sales abroad improves production efficiency and helps amortize research and development costs. Without its large export market, for instance, France's Dassault-Breguet aircraft company would probably be unable to produce Mirages at a price that the French air force could afford...
...Corp. (Chicago), M-113 armored personnel carriers. Defense export sales: $271.8 million...
...years ago he was able to supply Sudan's mounted cavalry with much needed lances, which he had picked up from Argentine arsenals. With ten weapons-filled warehouses in Alexandria, Va., Cummings today can supply a small army at short order-if Washington gives him an export license...
West Germany's Gerhard Mertins, who was frequently used by Bonn in the 1960s to export arms when political considerations prevented the government from doing so itself, is now a specialist in Middle East weapons requirements. Another freelance supplier, California's Michael Kokin, boasts that his company can "clothe a naked army, put it in the field and provide spare parts for its weapons...