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Latin America's share of Soviet Third World imports was high (40 percent in 1982) because of large imports of Argentine grain. As the Soviet Union's main grain supplier, Argentina was the Soviet Union's most significant import partner in the Third World in 1980, 1981, and 1983.
This ministry maintained control over the planning and operation of foreign trade through main administrations for imports and exports and for certain large geographical areas, as well as through foreign-trade corporations holding monopolies for specific commodities or services. [1]
A major strength of the Soviet economy was its enormous supply of oil and gas, which became much more valuable as exports after the world price of oil skyrocketed in the 1970s. As Daniel Yergin notes, the Soviet economy in its final decades was "heavily dependent on vast natural resources–oil and gas in particular".
Carter also recalled the US Ambassador Thomas J. Watson from Moscow, [98] suspended high-technology exports to the Soviet Union [97] [99] and limited ammonia imports from the Soviet Union. [100] According to a 1980 paper, the grain embargo hurt American farmers more than it did the Soviet economy.
Because of the Soviet agricultural system, the cold climate, and frequent irregular droughts, crop failure was common in the Soviet Union. [1] [2] The problem was heightened by the fact that climate problems prevented much of the arable land in the USSR from being farmed, [3] so only some of the land in the black earth belt was suitable for ...
The Union of Soviet Socialist Republics [r] (USSR), [s] commonly known as the Soviet Union, [t] was a transcontinental country that spanned much of Eurasia from 1922 to 1991. . During its existence, it was the largest country by area, extending across eleven time zones and sharing borders with twelve countries, and the third-most populous co
"The Gorbachev regime made too many commitments on too many fronts, thereby overstretching and overheating the Soviet economy. Bottlenecks and shortages were not relieved but exacerbated, while the ( Central and) East European members of Comecon resented being asked to contribute scarce capital to projects that were chiefly of interest to the ...
Map of the Agreement line. The need for the maritime boundary arose with the introduction of the 200-mile limit by the United States and the Soviet Union. The United States proposed using the 1867 Alaska line because it understood that to be the likely Soviet position.