BRITAIN’S TRADE.
INCREASING INVISIBLE EXPORTS. London, Jan. 14. The Board of Trade Journal estimates the invisible exports from we United Kingdom during 1919 at £520,900,000, in eluding £«0,000,0<a. from overseas investments and £400,000,000 from the shilling income tax (ishipping and income tax). Tnis is available to meet the excess of imports totalling £669,000,000. It is expected tnat the invisible exports m 1920 will De £640,000,000, while the excess of imports should not exceed £440,000,000. Making ail allowances, the United Kingdom seems in a fair way to receive a surplus of £200,000,000, which was available annually before the war for investment abroad. [Comment on this subject x<< made in our editorial column today.]
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Hawke's Bay Tribune, Volume X, Issue 30, 19 January 1920, Page 5
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112BRITAIN’S TRADE. Hawke's Bay Tribune, Volume X, Issue 30, 19 January 1920, Page 5
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