1. A high ratio invariably means future output growth and, hopefully, improved external debt servicing capacity through increased exports. 2. Increased exports were primarily based on the improved performance of the agricultural sector which benefited from an increase in acreage cultivated and good harvests due to good weather. 3. Increased exports were boosted by higher oil prices, which encouraged domestic investment, particularly in coal mining. 4. Viscose prices had been falling, affected by new fibre capacity in the Far East and increased exports of textile goods into North America. 5. Along with the increased exports, the political opportunities may be better elsewhere. 6. At the same time, the U.S. and Europeans have been at odds over their efforts to spark economic growth through increased exports. 7. But the shift came not only from increased exports but also from a steep drop in imports because of the economic woes. 8. But the turnaround has been built largely on increased exports and limited imports, especially of vehicles. 9. Canadian proponents of free trade say their country has reaped fantastic economic benefits, mainly in the form of dramatically increased exports. |