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Exporting Will Protect U.S. From Recession

Mon 22 Aug 11 | 05:00 AM ET
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Exporting Will Protect U.S. From Recession

Mon 22 Aug 11 | 05:00 AM ET
"I think we are very likely to avoid a recession. Export sales are still a strong part of the economy, and markets such as Asia and Latin America are still strong for US goods and services," Fred Hochberg, chairman of U.S. Export-Import Bank, told CNBC.
 
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