East Asia is prepared to forgo better returns in order to keep its exchange rates down and export demand up.
So far, the nearest thing to a practical step was last November's agreement by the Organisation of American States to co-operate in clamping down on the export of illegal weapons.
China's purchases of US Treasuries will naturally slow down along with its export growth.
Germany may slip down the global rankings of export champions, it is accepted, as countries like China continue to grow.
If Europe melts down while China stumbles, our strong export sector will decline.
But, far from supporting the recovery, our export sector actually pulled it down in 2012, with net exports subtracting about 0.8 percentage points from the annual rate of growth.
Moreover, export and shipbuilding orders are down.
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For example, those who believe the economic problems in Japan are going to become a contagion and drag the global economy down need to remember that Japan is an export-driven economy.
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Just as the right answer to inequitable application of national security-minded export controls is not to dumb down ours to the lowest common denominator applied by others, our approach on capital markets transparency ought to be to bring others' exchanges up to our new, higher standard.
Mr. MAHTANI: Well, Nigeria is the eighth biggest exporter in the world, and after these wave of attacks last week, which included the hostage taking and an explosion on a pipeline that fed a key export terminal, Nigeria had to shut down about 226, 000 barrels per day, that's about 10% of Nigeria's total production, which are still down.
In France, which imports the most Scotch whisky of any export market, the volume of sales was down 25% to 154m bottles.
China also announced restrictions on export quotas, and an internal movement to shut down smaller and environmentally problematic mines.
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The sharp EU-led export destruction in July-August surprised and dragged down growth.
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The ultimate impact of the battle of QEs would be a currency war that may end into an open trade war that will slow-down or even reverse globalization, as major economies try to export their way out of stagnation a nightmare scenario for financial markets.
Germany was down by 5.9% or so, owing to its export dependence, but has scope to make up the lost ground as trade rebounds.
If farm prices were to tumble, both America and Europe might be loth to relinquish export subsidies, which in recent years have been kept down by firm markets.
Just as expanding the global labour force by a quarter through the addition of cheap Chinese workers helped to keep prices down in the West, so higher Chinese wages might start to export inflation.
Just take a look at the stock of large US export companies after China released data that showed a slow down in their economies last week: Toyota Motor Company (NYSE:TM) down 1.92%, Honda (NYSE:HMC) down 2.12%, GM (NYSE:GM) down 2.09%, Ford (NYSE:F) down 1.24%, Caterpillar (NYSE:CAT) down 0.52%, Sony Corporation (NYSE:SNE) down 7.30%, Microsoft (NASDAQ:MSFT) down .20%, Intel (NASDAQ:INTC) down 1.37%, Apple (NASDAQ: AAPL) down 2.82%, Cisco Systems (NASDAQ: CSCO) down 1.21 %, and 3M (NYSE:MMM) down 1.35 percent.
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Turkmenistan, a gas-rich dictatorship in Central Asia, has just signed a big gas-export deal with Russia, after talks with neighbouring Iran bogged down.
The Center for Security Policy believes that it is incumbent on the Bush Administration to "stand-down" on further weakening of the U.S. and multilateral export control regime pending a complete reassessment of the present policy approach and rampant mismanagement of licensing decisions.
The association said export trade was lower than normal early last year as retailers ran down their millennium stocks.
The goods were passed for export at the Port of Dover in Kent because computer systems were down for maintenance on that day.
The volume of signed deals at the bellwether Canton Fair, for example, was down 9.3% from a year earlier, signaling troubles ahead for export sales.
Meanwhile, America has cracked down on North Korean counterfeiting operations, one of the country's few successful export industries.
Speaking before the Commerce Committee on Thursday, Evans said he would work as commerce secretary to tear down trade barriers and keep them down, while seeking to protect the interests of American workers and even import and export ratios between the United States and a number of key trading partners.
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Export heavy indices were taking a big knock Monday, with the Hang Seng down 145 points in early trading to 22298.
At the moment, the government is exploiting this to grab their export revenues but it could, if it wished, now clamp down on abuses such as monopolistic behaviour or tax evasion.
Kashima: There's going to be a differentiation within export companies: those which will instantly do well when the yen goes back down to 130-135 and others which will continue to struggle even if the yen goes to 135-140 because they're also having problems with demand overseas and locally.
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