S. Industries, and the export trade of the auto, machinery, movie, and electrical-equipment industries. The investor will have to decide, too, whether he considers foreign trade a positive or negative item. Overseas markets may be uncertain or undependable, but they are also frontier areas of tremendous potentiality for an economy like that of the United States, which has lived so largely off its own people. 7) Is the industry heavily dependent on Government con tracts? Is it subject to seasonal or other cycles?


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