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American Foreign Trade the United States as a World Power in the New Era of International Commerce (Classic Reprint)

American Foreign Trade the United States as a World Power in the New Era of International Commerce (Classic Reprint)

33017054
1400 руб.
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Excerpt from American Foreign Trade the United States as a World Power in the New Era of International Commerce

The epoch of the Great War is the beginning of a new era in the trade relations, as in the political relations, of the world. At the outset the war was viewed merely as an interlude in the shifting drama of international commerce. But the drama proved to be tragedy. Instead of an interlude, the war became the prelude to economic events whose full significance is as yet somewhat dimly apprehended.

One of its consequences is the readjustment of their industry, trade and finance by all nations. The United States in this readjustment has become the world power in international commerce. Foreign trade for the first time in their history has come to have definite meaning to the American people. They have begun to realize its place in their own economic system. It may be viewed as a phase of domestic policy or in the manifold aspects of world policy.

The larger view invites. It assumes readiness to recognize that exports are only one factor in foreign trade; in other words, that this is a question of mutual markets. It presumes that the manufacturer in the United States is ready to seek the market abroad as a primary market. It involves understanding of the United States as a lending country with the opportunities and the responsibilities that belong to a creditor nation.

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