Foreign-exchange shortages reduced raw-material and intermediate-goods imports, while production prioritized wartime components. The report stated that manufacturing in 1988 was about 20 percent below its 1984 level.
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How did 1988 manufacturing compare with 1984?
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Uitleg
The report associated contraction with foreign-exchange shortages and import constraints.
The report put manufacturing in 1988 about 20 percent above its 1984 level.
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Uitleg
Foreign-exchange shortages reduced raw-material and intermediate-goods imports, while production prioritized wartime components. The report stated that manufacturing in 1988 was about 20 percent below its 1984 level.