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Economy / Dollar Devaluation / Japan Trade #54836

ABC Evening News for Monday, Jul 24, 1978
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(Studio) United States dollar devaluation in Japan and Europe noted; value of dollar against yen reported to be lowest since World War II.
REPORTER: Frank Reynolds

(No location given) Details given about effect of Japan's trade surplus on value of dollar against yen. Prime Min. Takeo Fukuda's pledge at recent Bonn economy summit to reduce surplus and world skepticism about his ability to do so outlined.
REPORTER: Dan Cordtz

(Tokyo, Japan) Report on US-Japan trade battle over orange crops. Harvesting in Sunkist groves in south California mentioned. Japanese orange growers' objections to incrd. imports outlined; their formation of political lobby and its influence with government reported Case of one Japanese orange grower given as example
REPORTER: Bill Redeker

Cordtz, Dan;
Redeker, Bill;
Reynolds, Frank

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