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Exporters are in the business of earning foreign exchange.
With 80,000 staff, the second-biggest bulk fleet in the world and the fourth-biggest container fleet, it is a state behemoth, built up with the patriotic goals of serving "socialist construction" and earning foreign exchange for China.
"As this industry is creating jobs and earning foreign exchange, the state has created an impression that the garments industry must not be touched," Mr Ahmed told the BBC.
Despite being the top rice exporter in recent years, India's trade patterns in rice as well as many other food commodities can be erratic as international markets are seen as a way of offloading surplus stock rather than an opportunity for earning foreign exchange.
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Entrepreneurship also acts as a powerful tool for raising productivity through innovation, facilitating transfer of technology, playing key role in commercializing new products, redistribution of wealth and income, earning foreign exchanges, promoting social welfare and the likes (Collins, Hanges & Locke, 2004).
Russia is also expected to step up exports to earn foreign exchange, though many of its smelters are running at a loss.In this section OUTPUT, DEMAND AND JOBS MEDICAL COSTS PRICES AND WAGES COMMODITY PRICE INDEX Reprints.
Because the export of raw jute is not highly remunerative, efforts were made under the Pakistani administration to establish mills to produce and export jute products and thus earn foreign exchange.
They make foreign exchange easy with a nifty distributed exchange platform.
When the windfall is exhausted, countries have to relearn how to earn their foreign exchange the hard way.
These adjustments are intended to reduce imports and increase exports to enable the country to earn sufficient foreign exchange in the future to pay its foreign debts, including the newly incurred IMF debt.
But none of these expedients addressed the fundamental problem of the "dollar gap" — the fact that an exhausted Europe could not earn the foreign exchange it needed to pay for indispensable U.S. imports.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com