Invisible Exports.
Now, for many years we had what is called a visible adverse balance of trade. That means that when the value of our goods sent abroad has been set against the value of the goods......
A Bad Blow.
Latterly, however, we have received, as it were, a blow in two directions. Our visible adverse trade balance has remained great, while by reason of defaults of many of the......
Depreciation Of Sterling.
Even this recital- of facts does not, however, give a complete view of the position. For by reason of our departure from the gold standard there - has been a great depreciation......
Finance—public And Private (continued From Pigs 354.)
DOCTRINE OF GOODS AND SERVICES. Even the novice in finance will recognize that things purchased, whether from an individual at home or from somebody abroad, have ultimately to......
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