What they miss is that the best way to enhance exports is for Americans to import first.
Sunil Mittal has made Delhi's Bharti Enterprises a shining example of entrepreneurial success: he was the first to bring portable generators into India, and proceeded to import the country's first push-button telephones.
He was the first to import television screens and cameras to communicate with the offstage band, a device now in common use.
In U.S. economic news, higher oil prices pushed up February import prices for the first time in three months, hinting at new inflation pressures, though the gain came in below expectations.
The problem, one regularly ignored by those who believe that monetary debasement is the path to prosperity, is that the foreign importer can ultimately only import if it's exporting first.
First, the Export-Import Bank is a money-making activity for the U.S. government.
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In the first instance, this would allow Timor to import 45, 000 cars wholly made in South Korea free of duty (the tariff rate for other cars entirely made abroad is 125%).
India too had several serious economic issues during the first half of the year (including high import duties, market turmoil and a local spike in the price of gold) that resulted in a reduction for gold jewelry.
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One of the first lessons learned was that before we could import our trademark brand of quality guest service, we would have to embrace the cultural identity of each location, and seek a comfort level for our employees.
China's overall trade balance was in deficit in the first three months of this year, thanks to strong import growth.
No mention of contemporary music can fail to note its most essential import, the celebrated "British invasion" of the 1960s, first to America and soon to the world beyond.
If it works it will be a huge turnaround for a company that I heralded back in 2005 for being the first to navigate the nimby issues involved in building an import terminal.
And he said, well, you know, my biggest problem is, Korean parents are too demanding and they are insisting, for example, that I import, and I've had to import, thousands of foreign English teachers because they all feel that first graders should be learning English already.
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First he was an industrial pharmacist, and then he opened up an ingredient import business, which eventually failed.
The July import figure reflected the smallest gain since last November, when imports turned up for the first time in a year.
One little aside, when I first went to Russia my wife and I ended up with a little newspaper import business (long story as to why and how but not relevant).
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As the national car, the Timor will be free from import duties and luxury taxes as long as it has 20% local content after the first year of operation, 40% after the second and 60% after the third.
"In the first half of the current year, the Central Bank has not allocated any exchange for the import of drugs and medical equipment, " she said.
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Well I would say two things, first of all of course we've got a work permit scheme which allows you to import labour where you can't get local skills.
Another drag on prices has come from India, the world's biggest buyer of gold bullion, which introduced a 50% import tax that has triggered a 24% fall in the amount of gold brought into the country in the first quarter of this year.
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