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1990 | OriginalPaper | Chapter

Small-Scale Industry at a Crossroads: U.S. Machine Tools in Global Perspective

Author : Bo Carlsson

Published in: The Economics of Small Firms

Publisher: Springer Netherlands

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In 1975, the United States was the world’s largest producer of machine tools, the second largest exporter, and had the lowest degree of dependence on imports of all major machine tool producing countries. By 1987, the U.S. had slipped into fourth place as producer of machine tools (behind Japan, F.R.G., and the USSR), into sixth place in exports (behind Switzerland, G.D.R., and Italy), and relied on imports for more than half of its supply of machine tools.

Metadata
Title
Small-Scale Industry at a Crossroads: U.S. Machine Tools in Global Perspective
Author
Bo Carlsson
Copyright Year
1990
Publisher
Springer Netherlands
DOI
https://doi.org/10.1007/978-94-015-7854-7_11