51. That means the trade deficit is healthy because those products will lead to higher production and in turn increased exports, he said. 52. The companies also planned to increase their exports of U.S.-made cars to Japan and elsewhere. 53. The declines came even as the two automakers increased global exports to compensate for sagging domestic sales. 54. The depreciation of the yen against the dollar will allow them to increase exports to balance the domestic declines. 55. The government of Prime Minister Mahathir Mohamad has responded by conceding that Malaysia must increase its exports, to stanch a growing balance-of-payments deficit. 56. The government will also try to exploit the short-term price advantages of the devaluation to stem the flow of imports while increasing exports. 57. The new entrepreneurs, former members of a Marxist urban guerrilla movement, are upgrading machinery and increasing exports. 58. The trade deficit is not a concern because those products will lead to higher production, and in turn increased exports, he said. 59. The U.S. has expressed concern that Japan will use the weak yen to increase exports in order to stimulate their stagnant economy. 60. The U.S. is losing business from traditionally big buyers such as Korea and Taiwan, as China has increased its exports. |