Due Dilligence / Thinking our way out of the export slump
At a time when merchandise exports are in a slump, service exports have been growing.
These are trying times for Israel’s exporters. World trade has growing at its slowest pace in three decades (not counting the peak year of the global recession in 2009) and isn’t likely to pick up much this year. The shekel has appreciated 5% in the past year, making it harder for Israeli companies to compete in global markets. Europe, which is Israel’s biggest export destination, is in a...
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