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True, that would hurt their export interests — but economics is about hard choices, and America is under no obligation to strangle its own fragile recovery to help other nations avoid making such choices.
However, because Norwegian export interests would have been threatened if Britain had considered these treaties hostile, Bernstorff also concluded a special treaty with Britain, much to the annoyance of Russia.
But for whatever reason — the power of export interests, refusal to do anything that looks like giving in to U.S. demands or sheer inability to think clearly — they're not willing to deal with the root cause and let their currency rise.
China's government is not a monolith, and scholars say the ruling Communist regime has been torn between powerful export interests, who favor a managed exchange rate and measures to promote Chinese industry, and economic reformers, who see greater market flexibility and stronger enforcement of trade and intellectual property rules as the way to advance the Chinese economy over the long run.
But export interests dominate policy-making within the Chinese government, and consumers have little voice within the communist regime, so "we are likely to see policy shift toward appreciation only when price stability, financial stability or exports are threatened," Mr. Henning said.
Indeed, some German firms with big export interests already hold board meetings in English.
Similar(53)
Assign each group a word or phrase, such as recession and economic growth, treasury, economy and global economy, dollar, currency, and currency exchange, currency floating and currency linking, deficit and deficit reduction, surplus, gross national product, gross domestic product, import and export, interest rates, trade gap, revenue, inflation, market, hedge fund, growth rate, etc.
It was agreed in spirit and very much to the letter to dismantle remaining protectionism pertaining to manufactured goods, in particular of products that are of export interest to developing countries.
With export interest from Brazil, Japan, and Italy serving as a source of encouragement to continue development of the Harrier II, McDonnell Douglas commenced work on a night-attack variant in 1985.
Moreno wrote The Representation of the Landowners, a report that represented the export interest of the landowners, encouraged free trade, and condemned the privileges of the merchants benefited from the monopsony.
On Long Island, where electronics and instruments historically lead the export parade, interest in doing business in Asia is perhaps at an all-time high, despite the weakness of the Japanese economy.
Related(19)
transportation interests
corporation interests
market interests
industry interests
order interests
sector interests
markets interests
overseas interests
export licences
export jobs
export Settings
export documents
export data
export cartels
export tramps
export subsidies
export restrictions
export businesses
export countries
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