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WORLD TRADE

NO GENERAL RETURN TO PROSPERITY Press Association —By Telegraph—Copyright, GENEVA, February 24 The world trade figures for 1933 show that international trade was 30 per cent, lower in quantity and 50 per cent, lower in gold value than in 1929. There is no sign of returning prosperity internationally, though some countries show improved domestic activity, due to the diminuation in international trade. The majority of the countries remaining on the gold standard kept only 35 per cent, of the 1929 trade, and America retained barely 25 per cent. Japan, on the basis of national currency, lost .12f per cent, of her trade, and Australia only B per cent.

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https://paperspast.natlib.govt.nz/newspapers/ESD19340226.2.68

Bibliographic details

Evening Star, Issue 21655, 26 February 1934, Page 9

Word Count
110

WORLD TRADE Evening Star, Issue 21655, 26 February 1934, Page 9

WORLD TRADE Evening Star, Issue 21655, 26 February 1934, Page 9

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