INTERNATIONAL TRADE
FIGURES FOR LAST YEAR COMPARISON WITH 1929. GENEVA, February 24. (Received Feb. 25, at 10 p.m.) The world trade figures for 1933 show that international trade was 80 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 diminution 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 12 i per cent, of her trade, and Australia only 8 per cent. ,
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Bibliographic details
Otago Daily Times, Issue 22197, 26 February 1934, Page 9
Word Count
114INTERNATIONAL TRADE Otago Daily Times, Issue 22197, 26 February 1934, Page 9
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