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A similar trend is now taking hold in Europe, but it has a local flavour, so the American companies cannot simply rely on exporting their domestic strategies.
Since most Asians cannot afford to buy the goods they make, their economies rely on exporting those goods, mainly to the United States.
That would be a disaster for working people, and it will be those industries that rely on exporting to Europe the most – manufacturing and services – that will be hit hardest.
That has pushed overall growth down in this and many other Asian economies that rely on exporting to key markets such as Europe, the US and China.
There's plenty of internal growth in Brazil, and, unlike China, it does not rely on exporting cheap goods to the U.S. The Brazilian economy is mostly commodity based, and demand is through the roof.
Similar(55)
"Israel is a country that relies on exporting technology, and that has weakened considerably," Mr. Nabi said.
Like New York City, New Jersey and much of Greater New York relies on exporting its trash to far-flung areas.
Initially, the Congo Free State relied on exporting ivory to pay for its upkeep and to fund the Congo Arab war and Emin Pasha Relief Expedition in the Eastern Congo.
warned that economic stagnation in richer countries hurt poorer ones, which rely on exports to the developed world to lift themselves out of poverty.
"We rely on export markets for one-third of our crops; this is a nightmare," she added.
Not all European economies can rely on exports".
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