crackgmat04 wrote:
The European Economic Community exported just under $400 billion in goods in 1988, sixty percent more thanthe United States did and nearly twice as much as Japan's exports.
Spoiler: ::
https://www.nytimes.com/1988/10/23/business/the-growing-fear-of-fortress-europe.html
The European Community exported just under $400 billion in goods last year, 60 percent more than what the United States exported and nearly double Japan's exports. The community's imports are also huge, totaling just under $400 billion as well, roughly equal to the American import volume and more than three times Japan's volume. One goal of the 1992 program is to expand Europe's exports by reducing the costs of European companies - a goal that increased protectionism could well undermine.
The European Community exported just under $400 billion in goods last year, 60 percent more than what the United States exported and nearly double Japan's exports. The community's imports are also huge, totaling just under $400 billion as well, roughly equal to the American import volume and more than three times Japan's volume. One goal of the 1992 program is to expand Europe's exports by reducing the costs of European companies - a goal that increased protectionism could well undermine.
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