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Over time, this became more and more problematic: instead of temporary monopolies on specific, imported industries, long-term monopolies came about over common commodities, including salt and starch.
Over time, this system became more and more problematic; instead of temporary monopolies on specific, imported industries, long-term monopolies came about over more common commodities, including salt and starch.
Over time, this became more and more problematic; instead of temporary monopolies on specific, imported industries, long-term monopolies came about over more common commodities, including salt and starch.
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If an importing industry were more efficient than the rest of the world, it would not be an importing industry in the first place.
The steel, electricity, and chemical industries expanded, for their markets were domestic, and they were helped by cheaper raw material imports; industries producing textiles, food, and vehicles, which depended on foreign markets, declined.
Importing industries are less productive than exporting industries.
But beyond his many accomplishments in building a business and helping the imported auto industry prosper, nothing mattered more in Tom's life than his family.
Most of the petrochemical industry's physical capital is imported, and the industry does not have strong backward linkages to manufacturing industries.
Moreover, United States refineries are now exporting more heating oil than the country imports, industry experts say.
Anthony Browne describes banking as Britain's "biggest export industry", but it has also to be credited with being the country's biggest debt import industry.
Marshalls boasts that it is the only hard landscaping firm to be part of the Ethical Trading Initiative, but rivals complain it still ships in stone from the other side of the world, even if it hasn't been quarried using child labour, as recent reports into the sandstone import industry have claimed.
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