Introduction to the Study of Commerce

Cover Introduction to the Study of Commerce
Introduction to the Study of Commerce
Clow, Frederick R. (Frederick Redman), B. 1863
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Optional Work 3. Prepare a table like the one on page 61 for some other year than 1898.
4. Make a chart like the one on page 59 for some other year than 1898.
5. Show the same information in a chart on some other plan (parallelograms, squares, circles, or other geometri- cal figures, plane or solid).
6. Make a chart for one of the products named on page 56. so as to show the proportions sent to the various coun- tries. The chart may be on any one of several plans.
For Discussion 7. Why do tropi
...cal countries import flour, lard, and other provisions ?
8. With which countries is our export trade likely to increase the most ? Why ?
§ 17. The Balance of Trade 1. Define balance of trade. What is meant by a favor- able balance, or a balance in our favor ? An unfavorable balance, or a balance against us ?
In § 7 it was stated that a nation's buying equals its selling ; but in no year do the exports of the United States equal the imports. Even when a num- Digitized by Google FOREIGN COMMERCE OF THE UNITED STATES 63 ber of years are put together, no tendency toward equality appears.


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