Ford, Nissan, Honda and Toyota responded by turning the U.K. into a major export base.
Ford, Nissan, Honda and Toyota turned the U.K. into a major export base.
While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing.
Once merely an important growth market, China is fast becoming GM's global export base, and the change can be seen in the very structure of the company.
Even so, some foreigners are doing business, lured by the size of Iran's market, its educated workforce and its potential as an export base for the Middle East.
That kind of juice makes factories hum, and South Africa, despite problems aplenty (see p. 36), is beginning to build a manufactured-goods export base in autos, machine tools and chemicals.
Neighbouring Zhejiang province, a big export-manufacturing base, says 70% of foreign firms there are already unionised.
Despite a well diversified and large economy, a gradual loss of competitiveness has eroded its export-oriented industrial base.
The second was that the collapsed currencies provided a very competitive new base for export-led growth even at a time when China was making ever bigger inroads into global markets.
"These include the rigidities in labour and services markets, and low levels of innovation, which continue to drive France's gradual but sustained loss of competitiveness and the gradual erosion of its export-oriented industrial base, " Moody's said.
The U.S. export there has doubled lately, although from a small base.
The difference in lending may be due in part to the fact that bigger banks tend to have a client base that itself is bigger, more credit worthy and more export oriented.
WSJ: HEARD ON THE STREET: Banking Whales Leave Minnows Behind
While doing so would require not only the establishment of a significant industrial base but also the departure from long-standing Japanese policies against the export of weapon systems to countries other than the United States, such developments cannot be ruled out.
CENTERFORSECURITYPOLICY: The US-Japan FS-X Fighter Agreement: Assessing The Stakes
Yet China and many export economies need the U.S. to kick into gear in order to provide a purchasing base, so they tolerate or even encourage quantitative easing.
应用推荐