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This change should redound to the advantage of our exporting industries, in particular to that of Lancashire.
But with an estimated 1.5m jobs lost in exporting industries in the past six months, this is no time to talk of economic reform, of which Indians were wary even in fatter times.
The trade and industry minister, Stephen Byers, cited recent studies today to say that three million British jobs -- one million of them in exporting industries -- depended on membership in the European single market.
This is attributed to additional costs experienced by exporting industries due to the tax.
In terms of exports the two largest exporting industries in 2012 were.... manufacture of food and drink - £4.7bn.
Price of international trade: Since exporting industries can sell their outputs in both international and domestic market, the price of their aggregate production is a weighted sum of the price obtained in each market.
Similar(42)
China, as the world's back factory, wants a different formula that marks down carbon intensity linked to export industries.
About 10percentt of American beef production is exported, industry officials say.
"Tourism is the only exporting industry that works".
The strike paralyzed the world's fifth-largest oil exporting industry and cost Venezuela $6 billion.
Chile has created new export industries for fruit and vegetables.
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