Selected Readings in International Trade And Tariff Problems
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Free-trader or pro- tectionist, therefore, an excess of exports over imports in her foreign trade, sufficient in amount to discharge her international liabilities, is a condition she can not evade.
^ •■', : t' ^ ^ ^ ^ ^ ^ ^ -fi VI BULLOCK, WILLIAMS, AND TUCKER : THE BALANCE OF TRADE OF THE UNITED STATES^ L The History of our Foreign Trade Balance from 1789 TO 1914 ^ ^ ^ ^ M, ^ ^ ^ M, M, . IL.
A PRELIMINARY word is necessary concerning sources of information. Statistics of international commerce... always contain an element of error, and this is especially true of the only data available for the early decades of our national existence. Prior to 182 1 imports admitted free of duty were not reported at all, and those subject to specific duties were reported by quantity, not value ; moreover, such values as were recorded were reckoned arbitrarily at 10 or 20 per cent above the cost of the articles at their port of origin, to allow for the value gained in transportation, i. E. , the freight charges and importers' profits.^ The statistics now accepted as official for this period were made up in the Treasury Department in 1835, ^^^ ^^^ based largely on estimates and com- parisons.^ The figures for exports are more complete, though per- haps not more accurate than those for imports, as there was little check on the exporters' valuations and they are believed to have been too high.
What to read after Selected Readings in International Trade And Tariff Problems?
You can find similar books in the "Read Also" column, or choose other free books by F W Frank William Taussig to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Free-trader or pro- tectionist, therefore, an excess of exports over imports in her foreign trade, sufficient in amount to discharge her international liabilities, is a condition she can not evade.
^ •■', : t' ^ ^ ^ ^ ^ ^ ^ -fi VI BULLOCK, WILLIAMS, AND TUCKER : THE BALANCE OF TRADE OF THE UNITED STATES^ L The History of our Foreign Trade Balance from 1789 TO 1914 ^ ^ ^ ^ M, ^ ^ ^ M, M, . IL.
A PRELIMINARY word is necessary concerning sources of information. Statistics of international commerce... always contain an element of error, and this is especially true of the only data available for the early decades of our national existence. Prior to 182 1 imports admitted free of duty were not reported at all, and those subject to specific duties were reported by quantity, not value ; moreover, such values as were recorded were reckoned arbitrarily at 10 or 20 per cent above the cost of the articles at their port of origin, to allow for the value gained in transportation, i. E. , the freight charges and importers' profits.^ The statistics now accepted as official for this period were made up in the Treasury Department in 1835, ^^^ ^^^ based largely on estimates and com- parisons.^ The figures for exports are more complete, though per- haps not more accurate than those for imports, as there was little check on the exporters' valuations and they are believed to have been too high.
What to read after Selected Readings in International Trade And Tariff Problems?
You can find similar books in the "Read Also" column, or choose other free books by F W Frank William Taussig to read onlineMoreLess
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