Winners and losers: the battle for energy heats up
Article Abstract:
A global oil shortage is inevitable and will descend upon world markets sooner than expected. Experts agree that world demand will begin surpassing oil supplies between 2005 and 2020. Immediately after that, the real volume of oil production will start to drop abruptly while demand goes up slightly higher. The search for alternative energy sources may be easier said than done because there are currently no substitute that is readily available and can be economically exploited like oil.
Publication Name: World Trade
Subject: Business, international
ISSN: 1054-8637
Year: 1998
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South America struggles to open its markets
Article Abstract:
South America promises to be a dynamic, growing market for US manufacturers in the 21st century. While the US experienced a $3.6-billion trade deficit with South America during Jan-Nov 1999, an economic rebound indicates more opportunity in 2000 despite new and ongoing obstacles. However, the volatility of the South American regional economy calls for caution and the acknowledgement that this market is very different from other, more predictable markets in the industrial west.
Publication Name: World Trade
Subject: Business, international
ISSN: 1054-8637
Year: 2000
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