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Abstract

The Barrier to Balanced Trade

Pearson, Drew | April 10, 1929 issue

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The article focuses on international trade barriers. It is true, for instance, that the value of this foreign trade, both imports and exports has jumped from four and one-half billions in 1913 to more than nine billions in 1928. It is true that this trade now ranks only a half billion below that of the British, whose very life-blood is the stream of raw and finished merchandise which enters and clears their ports. It is true, furthermore, that this growth is the natural outcome of indefatigable energy, system of large-scale production, genius with machinery, plus Herbert Hoover's sales promotion.

See Also:

INTERNATIONAL trade; FOREIGN trade regulation; MERCHANDISING; EXPORT duties; SALES promotion; GREAT Britain

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H.L. Mencken, "An Eminent American," July 11, 1923.

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