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Some of the most popular vehicle exports include cars, planes, helicopters, space crafts, delivery trucks, and trailers. Auto parts and aircraft parts are also major exports. 4. Chemical products Chemical products are profitable US exports. Some of the United States’ most common chemical exports ...
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Second, the local partner may gain the know-how to produce its own competitive product or service to rival the multinational firm. This is what’s currently happening in China. To manufacture cars in China, non-Chinese companies must set up joint ventures with Chinese automakers and share techn...
ALSO READ:Tesla 'plans to start shipping out cars made at Shanghai factory' The Shanghai factory has helped Tesla expand in China, and the company has said it has capacity to produce 200,000 vehicles a year at the site. Monthly registrations of locally made Teslas have been in the 11,...
entire world oil market shrank by a tenth; OPEC's share was slashed from 52 to 30%, and its output fell by 48%. The United States accounted for one-fourth of that reduction. More efficient cars, each driving 1% fewer miles on 20% less gasoline—a 7-mile per (U.S.) gallon gain ...
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