Flender/Flender Gear Units/Bevel-helical gear boxes B4
udget. In 1 and 1, the Export-Import Bank was able to operate its new direct loan program for only part

of the year before funds were exhausted. 4 In addition to direct loans, exports are often financed as part of

foreign aid package. Most industrialized nations provide assistance to their exporting industries in this way. Manufacturers in the donor country

provide goods for capital projects in developing areas. These projects, which generally incorporate high percentage of imported capital goods, are

important for the development of the recipient countries and provide market for the donor' products. However, the percentage of total bilateral foreign aid accounted for by these capital projects varies widely for 4 AGMA, posthearing submission, Nov. 1, 1, pp. 1-2. 4 AGMA, posthearing submission, . 6. 7-1 industrialized nations. In the mid-1s, capital projects constituted between 6 and 7 percent of Japan' foreign aid and nearly 4 percent of all foreign aid for capital projects. West Germany' assistance accounted for just over 2 percent whereas, .. foreign aid totaled only between 2 and 3 percent of aid for such projects. 4 The .. has, typically, concentrated its assistance on providing for basic human needs, through rural health delivery systems, education, small-scale agriculture, and the like." .. gear manufacturers are concerned that this emphasis places them at disadvantage, relative to their foreign competitors. Taxes European Community (EC) producers use an accelerated depredation schedule of 3 to 5 years for their machinery, which results in lower tax costs earlier in the life of the machines. This allows these companies to recover their investment in new machinery more quickly. In West Germany, more specifically, machines are normally depreciated over 5 to 8 years, but, if operated during three shifts, may be depreciated within 2 to 3 years:* Japanese firms normally use 1-year depreciation schedules, but are a