POSTWAR PERIOD

Dominion, Volume 33, Issue 118, 12 February 1940, Page 12

POSTWAR PERIOD

Problem Of Britain’s Trade HOW WILL IT FARE By Tclcgrau/i.—Press Assn.—Copyright. (Received February 11, 6.30 p.m.) LONDON, February 10. Official circles are inclined to resent inquiries about preparations for the immediate post-war period, but the ‘Economi'st” says that it is by no means futile to look ahead and asks how is Britain s trade likely to fare. "It is probable that primary products will continue to fall in price in terms ot manufacturers, but the extent of the relative fall is likely to be smaller than in the past 20 years. It is unlikely that there will be a return to the comparative free trade obtaining before 1914, however the Italian and German policies of extreme national self-sufficiency aie likely to be modified. . . "The growth of manufacturing industries in primary producing countries will continue after the war, but the rise m the standard of living is likely to. lead to expansion rather than contraction in their foreign trade.”