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Development and Nature of Internat1onal Trade
H1story of Internat1onal Trade 14
Fore1gn Trade of the Un1ted States 33
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abroad advantage agreements American dollars balance borrowing Brazil Britain British capital central bank Chapter cheap China commerce comparative advantage costs cotton coun country's currency decline demand and supply deposits depreciation determined developed doctrine domestic draft Dutch East Indies economic effect England equilibrium Europe exchange control exchange rates exist exports factors factors of production favorable Federal Reserve fluctuations foreign bills foreign countries foreign currency foreign exchange foreign trade France funds Germany gold standard imports incomes increase industries interest international trade investment labor large amount letter of credit linen loans London ment mercantilist merchandise merchant metals monetary movements nations payments period political pound price level principal production purchasing power parity quantities raw materials received reciprocal demand relative result Ricardo sell ships stabilization tariff tend terms of trade tion transactions United vessels wages York