THE WORLD'S TRADE
A GREAT SHRINKAGE
THREE MONTHS' FIGURES
LONDON, May 31,
The Geneva correspondent of the "Manchester Guardian" says the world I trade estimates compiled ,by the League of Nations reveal that the world's trade for the first three months of 1933 was estimated' as worth 5,281,000,000 gold dollars, as against 15,289,000,000 for the first three months of- 1919, representing a decline of Co per cent. There has been a continuous decline for. four years, the lowest level having been reached in the. first quarter of 1933. The estimates are based on the trade of. 49 countries, representing 90 per cent, of the world's trade.
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Evening Post, Volume CXV, Issue 130, 5 June 1933, Page 9
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106THE WORLD'S TRADE Evening Post, Volume CXV, Issue 130, 5 June 1933, Page 9
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