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Export Growth Slowing While Imports Continue To Increase.(Brief Article)

Israel's exports for the first eight months of the year 2000 showed strong growth and gave economists the hope that the country would be able to report a lower trade deficit for the year 2000. These hopes has been dashed as data compiled for the last three months (September-November 2000) showed exports slumping and imports continuing to increase. The result of the reversal of the encouraging statistics from the first part of the year is that Israel's trade deficit for 2000 will reach approximately $5 billion. During the first eleven-month of 2000, high tech exports had the highes

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