1. It means cheaper imports, more pesetas for the pound, a stronger feelgood factor. 2. The developing countries are pressed to eliminate trade barriers, which can lead to local producers being undermined by cheaper imports. 3. Without it, the gain is smaller and confined to the consumption benefit of cheaper imports. 4. Analysts said, however, that they expected the gap to widen considerably in future months as Asian economic trouble squeezed exports and created cheaper imports. 5. And finally, cheaper imports are having an indirect effect on wage-setting in the service industry by holding down the cost of living. 6. As developing economies contract and their currencies devalue, U.S. and European exports shrink and cheaper imports surge, undermining corporate earnings and slowing the economy. 7. As duties were phased out, cheaper imports from the U.S. flooded the Canadian market and exports were choked by a then strong currency. 8. Auto manufacturing, on the other hand, has been plagued by local strikes and hurt by cheaper Japanese imports. 9. Besides facing cheaper imports, contraband is also a problem for Madosa, McBride said. |