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- W2286057846 abstract "Concerns that the Soviet Union will take advantage of US materials shortages by cutting off access to resources in Africa and Asia led to the Administration's effort to stockpile $100 million in strategic materials, a review of the Law of the Sea Treaty, and a proposal to expand mineral exploration on public lands. Another suggested initiative is a government-guaranteed price floor for strategic minerals. US mineral vulnerability is comparable to its oil dependency, although cartel development is considered unlikely. Critics of the views of the Administration doubt that a Buy America strategy will yield critical minerals, but it will have a high economic and environmental cost. A chart comparing US and Soviet metal and mineral imports shows the US is a net exporter of only iron and steel scrap and an importer of 35 items, while the Soviets are net exporters of 19 strategic minerals and importers of only seven. (DCK)" @default.
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- W2286057846 date "1981-04-18" @default.
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- W2286057846 title "Will the US be left vulnerable if a resource war breaks out" @default.
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