FOREIGN TRADE.
GENERAL DECLINE. BIG FALL IN AMERICA. BERLIN, Saturday. A statistical journal, summing up the decline in the fpreign trade of forty-eight countries, covering seveneighths of the world trade, points out that the second quarter of 1930 fell 19 per cent, compared with the corresponding period of last year, being £2,555,000,000, which is £255,000,000 less than in the previous quarter. Exports amounted to £1,215,000,000, a fall of £120,000,000, and imports £1,370,000,000, a decline of £135,000,000. American exports fell £54,000,000 and imports £62,000,000, compared with the second quarter of last year —the biggest fall throughout the world. Britain mostly is affected in Europe, where Italy and Russia alone increased their exports, the latter owing to grain dumping.
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Wairarapa Daily Times, 17 November 1930, Page 5
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117FOREIGN TRADE. Wairarapa Daily Times, 17 November 1930, Page 5
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